Securities code: 002656 securities abbreviation: Modern Avenue Group Co.Ltd(002656) Announcement No.: 2021-146 Modern Avenue Group Co.Ltd(002656)
Announcement on the measures taken and progress during the implementation of other risk warnings. 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.
Modern Avenue Group Co.Ltd(002656) (hereinafter referred to as "modern Avenue" and "the company") the controlling shareholder and actual controller provided guarantees in the name of the company and its subsidiaries in violation of the prescribed procedures. According to the relevant provisions of the stock listing rules of Shenzhen Stock Exchange, the company's stock trading has been subject to other risk warnings since the opening of the market on January 13, 2020, The abbreviation of the company's stock was changed from "modern Avenue" to " Modern Avenue Group Co.Ltd(002656) ", the stock code was still "002656", and the rise and fall of the stock trading day was limited to 5%.
With regard to the measures taken during the implementation of other risk warnings and the progress of relevant work, the company has made the following statements respectively on February 17, 2020, March 17, 2020, April 20, 2020, May 13, 2020, May 30, 2020, July 1, 2020, August 1, 2020, September 1, 2020, October 9, 2020, November 2, 2020, December 1, 2020, December 31, 2020, January 29, 2021 On February 26, 2021, March 31, 2021, April 30, 2021, May 31, 2021, June 30, 2021, July 30, 2021, August 31, 2021, September 30, 2021, October 29, 2021 and November 30, 2021, the announcement on measures taken and progress during the implementation of other risk warnings (Announcement No.: 2020-013) was published on the designated information disclosure media Announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2020-024), announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2020-037), announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2020-062) Announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2020-084), announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2020-095), announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2020-110) Announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2020-122), announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2020-127), announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2020-135) Announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2020-144), announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2020-164), announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2021-013) Announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2021-022), announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2021-026), announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2021-057) Announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2021-071), announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2021-090), announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2021-106) Announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2021-119), announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2021-126), announcement on measures and progress taken during the implementation of other risk warnings (Announcement No.: 2021-135) Announcement on measures taken and progress during the implementation of other risk warnings (Announcement No.: 2021-140).
As of the date of this announcement, the company is still actively taking actions to eliminate the impact as soon as possible. The details are as follows: I. measures and progress taken by the company during the implementation of other risk warnings
1. For the relevant litigation and arbitration cases caused by the guarantee provided by the controlling shareholder and the actual controller in violation of the specified procedures, the company and the external lawyer team are actively collecting sufficient evidence to prove the subjective malice of the relevant creditors and that the company has no fault or the degree of fault is less than that of the creditors, so as to win the lawsuit or reduce the fault liability, So as to relieve and reduce the relevant guarantee liability of the company through judicial channels and eliminate the adverse effects to the greatest extent.
Up to now, most cases of illegal guarantee have been heard in court, as follows:
Unit: RMB
No. plaintiff / appellant / defendant / respondent of arbitration case No. cause of action amount progress of arbitration applicant
Guangzhou Tianhe Lijia microfinance Co., Ltd., Guangzhou
Zhouruifeng Group Co., Ltd., modern Avenue
Guangzhou Ligen small re loan Fashion Group Co., Ltd., Lin Yongfei, Yan Yanxiang, Weng Huayin, He Lin, Jiang dehu, Yingwei
Wen, Han Ruiying, Weng Huacai, Guangzhou Xingsheng group
Ltd., Weng Yayun
1 Guangzhou Xingsheng Group Co., Ltd. Guangzhou Ligen microfinance Co., Ltd. (2019) Yue 0104 loan contract 84790567.00 retrial of the company Modern Avenue Group Co.Ltd(002656) minchu No. 34731 dispute
Guangzhou Ligen microfinance Co., Ltd
Guangzhou Tianhe Lijia microfinance Co., Ltd., Guangzhou
Modern Avenue fashion group, zhouruifeng Group Co., Ltd., Lin Yongfei, Yan Yanxiang, Weng Huayin, He Lin, jiangdehu and Ying
Wei Wen, Han Ruiying, Weng Huacai, Guangzhou xingshengji
Group Co., Ltd., Weng Yayun
Modern Avenue fashion group
Guangzhou Branch of Guangzhou Macau International Bank Co., Ltd
Zhou liancafu famous product management
2 Co., Ltd., Weng Wuqiang (2019) Yue 01 contract dispute 100641666.67 judgment of first instance, II Modern Avenue Group Co.Ltd(002656) , guangminchu No. 1246 trial, China International Bank of Macau liancafu famous products Management Co., Ltd., Weng Wuqiang
Guangzhou Branch Guangzhou huayuanli Development Co., Ltd
3. Lin Fengguo, Chen Madi and modern Avenue Fashion Group Co., Ltd. (2019) Suizhong case of equity transfer of 9087612.00 has been ruled on the dispute of company Zi No. 15779
4 Lin Fengguo, Zhang QinYong and modern Avenue Fashion Group Co., Ltd. (2019) Suizhong case of equity transfer of 9087612.00 has been ruled on the dispute of company Zi No. 15778
5 Lin Feng Guo Lai Xiaoyan and modern Avenue Fashion Group Co., Ltd. (2019) Suizhong case of equity transfer 4820416.00 has been ruled on the dispute of company Zi No. 15777
Zhou Zhicong Modern Avenue Group Co.Ltd(002656) , Lin
6 Yongfei (2019) yue01 people's private loan 122500000.00 first instance judgment, No. 1423 dispute trial of second modern Avenue fashion group, Zhou Zhicong, Co., Ltd
Shenzhen Qianhai happiness wisdom Fund Management Co., Ltd. (2020) Yue 0391
7. Zhou Zhicong, Lin Yongfei, modern Avenue Fashion Group Co., Ltd. dispute over Contract No. 1157 of minchu 38507808.64 dismissed the lawsuit against Co., Ltd
Shenzhen Qianhai happiness wisdom Fund Management Co., Ltd. (2020) Yue 0305 first instance has not yet opened 8 contract disputes No. 39520612.88 court of Zhou Zhicong, huangjincai, Liang Zhongwen, Xue Kai, Lin Yongfei and minchu 15622
Modern Avenue Group Co.Ltd(002656)
Note: 1. The contract dispute case No. (2020) Yue 0305 min Chu 15622 and case No. (2020) Yue 0391 min Chu 1157 are the same cause involved. The difference in the amount of the subject matter of the two cases is caused by the difference in the amount of interest caused by the difference in the time of interest calculation.
(1) Case No. (2020) Yue 0391 minchu No. 1157 was terminated due to the cancellation of registration of the defendant happy wisdom company on October 25, 2019 (before litigation). The court held that the civil right capacity and civil capacity of the legal person were eliminated due to the termination of the legal person, and the qualification of the litigation subject was also lost, which did not meet the litigation conditions stipulated by the law, Zhou Zhicong's lawsuit was rejected on March 17, 2020. The case was closed and was rejected by the people's Court of Qianhai cooperation zone, Shenzhen, Guangdong Province on March 17, 2020. Zhou Zhicong abandoned his appeal.
(2) Zhou Zhicong filed a new lawsuit on the same cause of action with Shenzhen Nanshan District People's Court on March 18, 2020 with the legal representative and shareholder Jin Jincai, shareholder Liang Zhongwen, Xue Kai, guarantor Lin Yongfei and the company of happy wisdom company (cancelled). Recently, due to the court's decision to add Shenzhen Qianhai happiness wisdom Fund Management Co., Ltd. as the defendant, the court of first instance has no jurisdiction over the case after review, and should transfer the case to the people's Court of Shenzhen Qianhai cooperation zone, which has jurisdiction.
2. Chen Madi, Zhang QinYong and Lai Xiaoyan filed an application for cancellation of the arbitral award in the case of Modern Avenue Group Co.Ltd(002656) against the civil judgment (2020) Yue 0112 min Chu No. 5017 of Huangpu District People's Court of Guangzhou City, Guangdong Province. The court has ruled in this regard and rejected the above application for dismissal.
For details of the above matters, see August 23, 2019, October 16, 2019, November 22, 2019, January 10, 2020, February 20, 2020, March 24, 2020, June 24, 2020, July 30, 2020, September 1, 2020, October 9, 2020, October 12, 2020, November 2, 2020, November 16, 2020, November 17, 2020, November 23, 2020, December 1, 2020 December 2, 2020, December 31, 2020, January 5, 2021
