Securities code: 002503 securities abbreviation: Souyute Group Co.Ltd(002503) Announcement No.: 2021-111 convertible bond Code: 128100 convertible bond abbreviation: soute convertible bond
Announcement on progress of litigation and arbitration matters
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.
Souyute Group Co.Ltd(002503) (hereinafter referred to as ” Souyute Group Co.Ltd(002503) group” or “company”) issued 2021-056: Announcement on cumulative litigation and arbitration on July 3, 2021, which disclosed the case of Dongguan branch of Guangdong Development Bank Co., Ltd. v. Dongguan Souyute Group Co.Ltd(002503) Supply Chain Management Co., Ltd., Souyute Group Co.Ltd(002503) group and Industrial And Commercial Bank Of China Limited(601398) Dongguan Daojiao sub branch v. Souyute Group Co.Ltd(002503) Group and Mr. Ma Hong. For details, please refer to cninfo.com( http://www.cn.info.com..cn. )And relevant announcements on the securities times and other media.
1、 Progress of the above two major litigation cases of the company
On December 28, 2021, the company received the first instance civil judgment of the first people’s Court of Dongguan City, Guangdong Province on the above two cases.
1. Guangdong Development Bank Co., Ltd. Dongguan Branch v. Dongguan Souyute Group Co.Ltd(002503) Supply Chain Management Co., Ltd The main contents of the civil judgment [(2021) Yue 1971 min Chu No. 13793] of the first instance of the case of Souyute Group Co.Ltd(002503) group are as follows: (1) the defendant Dongguan Souyute Group Co.Ltd(002503) Supply Chain Management Co., Ltd. shall repay the advance payment principal of acceptance bill of RMB 39863666.65 and interest to the plaintiff Guangdong Development Bank Co., Ltd. Dongguan branch within five days from the date of legal effectiveness of this judgment (as of February 28, 2021, the interest is 89488.54 yuan, and the subsequent interest is calculated and charged at 0.05% of the outstanding principal every day until the date of actual payment);
(2) The defendant Souyute Group Co.Ltd(002503) is jointly and severally liable for paying off the appealed debt. After the defendant Souyute Group Co.Ltd(002503) assumes the guarantee liability, it has the right to recover from the defendant Dongguan Souyute Group Co.Ltd(002503) Supply Chain Management Co., Ltd. according to law;
(3) Reject other litigation claims of Dongguan branch of the plaintiff Guangfa Bank Co., Ltd;
(4) All counterclaim requests of the defendant Dongguan Souyute Group Co.Ltd(002503) Supply Chain Management Co., Ltd. were rejected.
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 253 of the Civil Procedure Law of the people’s Republic of China.
2. Dongguan Daojiao sub branch V Souyute Group Co.Ltd(002503) group and Mr. Ma Hong
The main contents of the judgment [(2021) Yue 1971 min Chu No. 13938] are as follows:
(1) The defendant Souyute Group Co.Ltd(002503) shall report to the plaintiff within five days from the date of legal effectiveness of this judgment
Tell Industrial And Commercial Bank Of China Limited(601398) Dongguan Daojiao sub branch to repay the loan principal of 30000000 yuan and interest of 70810 eleven
Yuan, penalty interest and compound interest. As of September 22, 2021, the penalty interest was 869255 56 yuan, compound interest 2343 42 yuan, later
The extended penalty interest shall be based on the loan interest rate [the one-year loan market quotation published by the national interbank lending center] for the overdue principal
The interest rate plus 75 basis points (one basis point is 0.01%)] rises by 40%, and the subsequent compound interest is RMB 70810.11
Based on the default interest rate, the default interest and compound interest are calculated until the date of actual repayment of the loan principal and interest;
(2) The defendant Ma Hong shall be jointly and severally liable for paying off the appealed debt. After the defendant Ma Hong assumes the guarantee liability, he shall have the right to
The court shall recover from the defendant Souyute Group Co.Ltd(002503) ;
(3) Reject other claims of the plaintiff Industrial And Commercial Bank Of China Limited(601398) Dongguan Daojiao sub branch;
(4) Reject all counterclaims of the defendant Souyute Group Co.Ltd(002503) .
If the obligation to pay money is not fulfilled within the period specified in this judgment, it shall be handled in accordance with the Civil Procedure Law of the people’s Republic of China
According to Article 253 of the procedural law, the interest on the debt during the period of delay in performance shall be doubled.
2、 Progress of other disclosed small claims and arbitration cases of the company
The company will be established on July 3, 2021, July 31, 2021, September 28, 2021 and November 11, 2021 respectively
On May 5, it issued 2021-056: Announcement on cumulative litigation and arbitration and 2021-070: Announcement on cumulative new litigation and arbitration
Announcement on adding litigation and arbitration, 2021-088: Announcement on accumulating new litigation and arbitration, 2021-097:
The announcement on the accumulated new litigation and arbitration disclosed that as of November 4, 2021, the company had accumulated small amount
There are 39 litigation and arbitration matters in total. See http://www.cninfo.com.cn for details( http://www.cn.info.com..cn. )
And relevant announcements on the securities times and other media.
The progress of some small claims and arbitration cases is disclosed as follows:
Amount involved
Case No. plaintiff defendant cause of action case progress
(yuan)
In the judgment of second instance, the defendant paid the plaintiff
(2020) Guangdong Guangzhou Bisi Advertising Co., Ltd. has applied for enforcement with a total amount of 812100 yuan and overdue interest. The plaintiff 11971 early Republic Advertising Co., Ltd. has applied for enforcement with a dispute of 848749.00 yuan
19092 division 877875.00 yuan, the defendant has paid, and the case has been closed.
(2020) Dongguan Yisheng Dongguan Baohua papermaking Co., Ltd. was mediated, and Dongguan Baohua papermaking Co., Ltd. 21971 minchuyang Real Estate Co., Ltd., Zhou Yipeng and public intermediary service 500000.00 paid the plaintiff in a lump sum
The supply contract of No. 23945 Co., Ltd. and Dongguan Souyute Group Co.Ltd(002503) is 100000.00 yuan, and the case has been closed. Ying Chain Management Co., Ltd
(2020) Guangdong Dongguan Yisheng company and Dongguan Souyute Group Co.Ltd(002503) intermediary service plaintiff settled the case through mediation based on (2020) yue1971 min31971 minchuyang real estate supply chain management Co., Ltd. official contract 1000000.00 Chu No. 23945, and the lawsuit has been withdrawn. No. 23946 Co., Ltd. and Dongguan Baohua paper dispute
limited company
In the judgment of second instance, the defendant paid the plaintiff
(2020) Guangdong Shenzhen quanyun Dongguan Souyute Group Co.Ltd(002503) supply and transportation amounted to 1277516.47 yuan and overdue payment violated 41971. Minchu Logistics Development Chain Management Co., Ltd. had a dispute with 2009753.33 yuan. The plaintiff has applied for enforcement, and the amount of No. 24975 Co., Ltd. was 1829409.00 yuan, which has not been enforced.
In Foshan Nanhai second instance, the defendant paid the plaintiff 335623.00 yuan for goods (2021) Guangdong xianchuang photoelectric contract correction and the corresponding interest of 650417.15 yuan from minchu Equipment Co., Ltd. 50605. The plaintiff has applied for execution. The amount of executive gold No. 2152 is 361734.45 yuan. The defendant has paid and the case has been closed.
(2021) in the second instance of Zhixing, Foshan City, Guangdong Province, the defendant paid the plaintiff 61971 bills, 6505412.35 bills paid by textile and garment company in the early Republic of China, 6209995.22 yuan and the corresponding interest paid by Li No. 3760 Co., Ltd. the plaintiff has applied for execution, and the execution amount is 6532032 yuan, which has not been executed yet.
(2021) the first instance judgment of Soyu contract correction in Dongguan City, Guangdong Province came into effect. The plaintiff has applied for holding 71971 minchu special design Co., Ltd. Lai ruohuifen 12000.00, with an execution amount of 6726.90 yuan, which has not been executed by No. 5542 company.
(2021) the defendant paid the plaintiff in the second instance judgment of Longxiang Trading Co., Ltd. of Dongguan City, Guangdong Province
81971 the dispute between the textile Co., Ltd. at the beginning of the Republic of China and the plaintiff of No. 13534 company has not applied for execution of the payment and interest of 2008768.75 yuan.
(2021) after mediation, Hongxu, Dongguan City, Guangdong Province, the defendant paid the debt with goods and deducted 1537041.87 yuan from the contract of 91971 early Republic of China Textile Co., Ltd., which was 1531015.00 yuan. The plaintiff was No. 16565 company