Securities code: 600839 securities abbreviation: Sichuan Changhong Electric Co.Ltd(600839) Announcement No.: Lin 2021-060 Sichuan Changhong Electric Co.Ltd(600839)
Announcement on litigation matters
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
● the litigation stage of the case: the final judgment of the second instance
● party status: appellant of second instance
● amount involved in the case: Sichuan Changhong Electric Co.Ltd(600839) (hereinafter referred to as “the company” or “the company”) v. Angang Steel Company Limited(000898) (hereinafter referred to as “Angang”) the total amount of the bill recourse dispute case is RMB 9032625 and the debt interest during the period of delayed performance. The acceptance fee involved in the second instance case is RMB 98464.63, which shall be borne by the company.
● whether it will have a negative impact on the profits and losses of listed companies: the court of second instance of the above bill cases has made a judgment and has not yet entered the implementation stage. According to the relevant provisions of the bill law and other laws and regulations, if the company has the right of re recourse against its former parties after fulfilling its repayment obligations in the above bill cases, the company can not predict the impact on the company’s profits in the current period or after the period. During the progress of the above bill cases, the company will actively safeguard the legitimate rights and interests of the company’s shareholders.
On December 23, the company received four civil judgments (2021) qiongminzhong No. 847 and other documents served by Hainan Higher People’s court, and now announces the relevant litigation conditions as follows:
1、 Basic information of litigation
From May 2020 to July 2020, The plaintiff Angang Co., Ltd. and the defendant Tianjin Angang international North Trade Co., Ltd. (hereinafter referred to as “Tianjin Angang”) ）The business relationship between them has received four e-bank acceptance bills transferred by Tianjin Anshan Iron and Steel Co., Ltd., with a total amount of 9032625 yuan. After the above bank acceptance bills expire, the plaintiff Anshan Iron and Steel Co., Ltd. presented the bank acceptance bill acceptor HNA Group Finance Co., Ltd. for payment, and the acceptor HNA Group Finance Co., Ltd. refused to pay, The plaintiff Anshan Iron and steel company then filed a lawsuit with Hainan No. 1 Intermediate People’s court against the drawer HNA Group Co., Ltd., the acceptor HNA Group Finance Co., Ltd. and the endorser of the above bank acceptance bill. The company is one of the endorsers of the above bank acceptance bill.
The original civil judgment of first instance {case numbers are (2020) Qiong 96 min Chu No. 244, (2020) Qiong 96 min Chu No. 302, (2020) Qiong 96 min Chu No. 442 and (2020) Qiong 96 min Chu No. 431} The judgment results are as follows: 1. The defendants HNA Group Finance Co., Ltd., HNA Group Co., Ltd., Hainan HNA aviation import and Export Co., Ltd., Ningbo haoxiyuan Trade Co., Ltd China Merchants United Supply Chain (Shanghai) Co., Ltd. Sichuan Changhong Electric Co.Ltd(600839) , Zhongtong Energy Technology Co., Ltd., Hebei dingchuang metal products Co., Ltd. and Tianjin Angang international North Trade Co., Ltd. shall jointly pay the plaintiff Angang Steel Company Limited(000898) a total of 9032625 yuan within 30 days from the effective date of this judgment.
2. If the obligation to pay money is not performed within the period specified in the above judgment, the debt interest during the period of deferred performance shall be doubled in accordance with Article 253 of the Civil Procedure Law of the people’s Republic of China. 3. The first instance acceptance fee of the above-mentioned bank acceptance bill case totaled 98464.63 yuan, which was borne by the defendants HNA Group Finance Co., Ltd., HNA Group Co., Ltd. and Hainan HNA aviation import and Export Co., Ltd.
2、 Judgment result of this lawsuit
The amount involved in the case appealed by the appellant of the civil judgment of the second instance is currently progressing, and the judgment of the second instance is final
Resolution No. person
(2021) qiongmin 1. Reject the appeal and uphold the final judgments No. 847 and 9032625.
(2021) qiongmin Sichuan Changan iron and Steel Co., Ltd. and its extension 2. The final hearing fee of the second instance of this case shall be borne by the appellant Sichuan (2021) qiongmin Co., Ltd. and Changhong Co., Ltd. during the performance of the second instance case No. 850 and Hongdian Co., Ltd.
(2021) qiongmin 3. This judgment is final judgment No. 852.
3、 The impact of the lawsuit announced this time on the company’s current profit or post period profit, etc
The court of second instance of the above-mentioned bill cases has made a judgment and has not yet entered the implementation stage. In addition, according to the relevant provisions of the bill law and other laws and regulations, if the company has the right of re recourse against the former party after performing its repayment obligations in the above-mentioned bill cases, the company is unable to predict the impact on the company’s profits in the current period or later. During the progress of the above bill cases, the company will actively safeguard the legitimate rights and interests of the company and shareholders. The company will timely perform the obligation of information disclosure on the progress of litigation matters announced this time in accordance with relevant regulations. All information of the company shall be subject to the announcements published on the website of Shanghai Stock Exchange, Shanghai Securities News, China Securities News and securities times. Please pay attention to the company’s announcement and pay attention to investment risks.
It is hereby announced.
Sichuan Changhong Electric Co.Ltd(600839) board of directors December 27, 2021
