Shandong Weida Machinery Co.Ltd(002026) : Announcement on the progress of freezing some bank accounts of wholly-owned subsidiaries of the company

Securities code: Shandong Weida Machinery Co.Ltd(002026) securities abbreviation: Shandong Weida Machinery Co.Ltd(002026) Announcement No.: 2022024 Shandong Weida Machinery Co.Ltd(002026)

Announcement on the progress of freezing some bank accounts of wholly-owned subsidiaries of the company

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

Shandong Weida Machinery Co.Ltd(002026) (hereinafter referred to as "the company"), a wholly-owned subsidiary of Jinan No.1 Machine Tool Co., Ltd. (hereinafter referred to as "Jinan No.1 Machine") was applied for property preservation by Guangdong Qingyuan Industrial Co., Ltd. (hereinafter referred to as "Guangdong Qingyuan") due to a dispute over the purchase and sale contract of equipment, and the frozen funds totaled 280195893 yuan. For details, please refer to China Securities Journal, securities times and cninfo.com published by the company on November 9, 2021 http://www.cn.info.com.cn. Announcement on freezing of some bank accounts of wholly-owned subsidiaries of the company and receipt of civil ruling (Announcement No.: 2021082). The progress of the matter is hereby announced as follows:

1、 Progress of frozen bank accounts this time

Jinan first aircraft received the civil judgment (2021) Lu 0114 min Chu No. 9973 issued by the people's Court of Zhangqiu District, Jinan City, Shandong Province on February 28, 2022. The people's Court of Zhangqiu District, Jinan City, Shandong Province made the following judgment on the case:

In accordance with paragraph 2 of Article 1 of several provisions of the Supreme People's Court on the time effect of the application of the civil code of the people's Republic of China, articles 60, 94 and 97 of the contract law of the people's Republic of China and Article 67 of the Civil Procedure Law of the people's Republic of China, the judgment is as follows:

(I) terminate the equipment purchase and sales contract signed by the plaintiff Guangdong Qingyuan Industrial Co., Ltd. and the defendant Jinan first Machine Tool Co., Ltd. on February 9 and February 10, 2020;

(II) the defendant Jinan No.1 Machine Tool Co., Ltd. shall, within ten days from the effective date of this judgment, return the payment of 940000 yuan in the equipment purchase and sales contract signed by the plaintiff Guangdong Qingyuan Industrial Co., Ltd. on February 9 and February 10, 2020;

(III) the defendant Jinan No.1 Machine Tool Co., Ltd. shall, within 10 days from the effective date of this judgment, return the four j1kz-p full-automatic high-efficiency mask production lines stored at the plaintiff Guangdong Qingyuan Industrial Co., Ltd. and bear the freight at its own expense. The plaintiff Guangdong Qingyuan Industrial Co., Ltd. shall assist and cooperate;

(IV) the defendant Jinan No.1 Machine Tool Co., Ltd. shall pay the plaintiff Guangdong Qingyuan Industrial Co., Ltd. the penalty for overdue delivery within 10 days from the effective date of this judgment (based on 648000 yuan and calculated as 1.95 times of the loan market quotation interest rate published by the national interbank lending center for 11 days);

(V) reject other claims of the plaintiff Guangdong Qingyuan Industrial Co., Ltd.

If the obligation to pay money is not performed within the period specified in this judgment, the debt interest during the period of delayed performance shall be doubled in accordance with Article 260 of the Civil Procedure Law of the people's Republic of China and relevant judicial interpretations.

The case acceptance fee is halved, totaling 19515 yuan, which is borne by the plaintiff Guangdong Qingyuan Industrial Co., Ltd. and 4684 yuan by the defendant Jinan first Machine Tool Co., Ltd; The litigation preservation fee is 5000 yuan, 3800 yuan for the plaintiff Guangdong Qingyuan Industrial Co., Ltd. and 1200 yuan for the defendant Jinan first Machine Tool Co., Ltd.

2、 Other instructions

1. This preservation measure is the property preservation measure made by the court according to the application of Guangdong Qingyuan in the trial of the case. This preservation measure is a procedural measure in the normal process of litigation and is not the judgment of the court on the substantive rights and obligations of the parties.

2. This judgment is a judgment of first instance and has not yet taken effect. Jinan Yiji will appeal to Jinan Intermediate People's Court of Shandong Province within the statutory time limit. The impact on the company's current profits or future profits shall be subject to the effective judgment of the final court, which has certain uncertainty. The company, Jinan first machine and lawyers will continue to communicate and coordinate with all parties, and actively safeguard the legitimate rights and interests of the company and Jinan first machine.

3. China Securities Journal, securities times and cninfo.com www.cn info. com. cn. As the information disclosure media designated by the company, the relevant information of the company shall be subject to the announcement published on the above designated information disclosure media. The company will continue to pay attention to the follow-up progress of the above matters and timely perform the corresponding information disclosure obligations. Please pay attention to the subsequent relevant announcements of the company and pay attention to investment risks.

3、 Documents for future reference

1. The people's Court of Zhangqiu District, Jinan City, Shandong Province (2021) Lu 0114 min Chu No. 9973 civil judgment.

It is hereby announced.

Shandong Weida Machinery Co.Ltd(002026)

Board of directors

March 2, 2022

- Advertisment -