Securities code: Changshu Guorui Technology Co.Ltd(300600) securities abbreviation: Changshu Guorui Technology Co.Ltd(300600) Announcement No.: 2022006
Changshu Guorui Technology Co.Ltd(300600)
Announcement on the progress of the company’s litigation and the receipt of the rejection ruling
All members of the board of directors of the company guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Changshu Guorui Technology Co.Ltd(300600) (hereinafter referred to as “the company”) recently received two civil rulings (2021) Su 05 min Chu No. 1428 and (2021) Su 05 min Chu No. 1429) from Suzhou intermediate people’s Court of Jiangsu Province.
1、 Basic information of this litigation
The multi mesh cloud data processing communication machine business operated by the company has some risks that abnormal contract execution and overdue accounts receivable may cause losses to the company. In order to reduce losses, the company has filed a lawsuit with Suzhou intermediate people’s court. The cases involved in this civil ruling are: the company v. Fushen Industrial company (hereinafter referred to as “Fushen industrial”) Shanghai Xingditong Communication Technology Co., Ltd. (hereinafter referred to as “Shanghai Xingditong”) [case No.: (2021) su05 minchu No. 1428], the company sued Fushen industry, Harbin comprehensive bonded Group Co., Ltd. and Shanghai Xingditong [case No.: (2021) su05 minchu No. 1429]. For details, please refer to cninfo.com, the company’s designated disclosure media（ http://www.cn.info.com.cn. ）Announcement on major litigation (No.: 2021032).
2、 Main contents of this civil ruling and the company’s Countermeasures
(I) main information of this civil ruling
(2021) Su 05 min Chu No. 1428 and (2021) Su 05 min Chu No. 1429 cases, the Suzhou intermediate people’s court held that according to Article 11 of the provisions of the Supreme People’s Court on several issues involving suspicion of economic crimes in the trial of economic dispute cases, the people’s court accepted them as economic disputes, If it is considered that it is not a case of economic dispute but is suspected of economic crime after trial, it shall rule to reject the prosecution and transfer the relevant materials to the public security organ or procuratorial organ. The underlying transaction in this case is suspected of economic crime, so the plaintiff’s lawsuit should be rejected. If the public security organ cancels the case after filing the case for investigation, or the procuratorial organ makes a decision not to prosecute, or the people’s court determines that it does not constitute a crime, the plaintiff Changshu Guorui Technology Co.Ltd(300600) may sue separately. Therefore, according to Item 4 of Article 122 and item (III) of paragraph 1 of Article 157 of the Civil Procedure Law of the people’s Republic of China, the court ruled to reject the company’s lawsuit. (II) Countermeasures of the company:
The company will appeal within the statutory time limit.
3、 Progress of other cases
In addition to the two litigation cases involved in this announcement, the other two litigation cases involved by the company are still in the process of trial. For details, please refer to cninfo.com, the designated disclosure media of the company（ http://www.cn.info.com.cn. ）Announcement on major litigation (No.: 2021032). The follow-up progress of the company’s litigation will timely perform the information disclosure business in accordance with the relevant provisions. Please pay attention to the company’s announcement and pay attention to investment risks.
4、 Document for future reference 1. (2021) Su 05 min Chu No. 1428 civil ruling; 2. (2021) Su 05 min Chu No. 1429 civil ruling. It is hereby announced.
Changshu Guorui Technology Co.Ltd(300600) board of directors March 5, 2022
