Securities code: Jiangsu Huifeng Bio Agriculture Co.Ltd(002496) securities abbreviation: St Huifeng Announcement No.: 2022011 Jiangsu Huifeng Bio Agriculture Co.Ltd(002496)
Announcement on receipt of civil ruling
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.
Jiangsu Huifeng Bio Agriculture Co.Ltd(002496) (hereinafter referred to as “the company”) recently received one of the civil ruling (2022) Su 0982 minchu No. 546 and (2022) Su 0982 minchu No. 546 served by Dafeng District People’s Court of Yancheng City, Jiangsu Province (hereinafter referred to as “Dafeng court”). The main contents are announced as follows:
1、 Basic information of litigation
Plaintiff (applicant): Hebei BAISHIDA Trading Co., Ltd., unified social credit code 911 Dalian Demaishi Precision Technology Co.Ltd(301007) 857162198, domicile: No. 1204-5, Yungang Road, Xiliao village, xinchengpu Town, Zhengding District, China (Hebei) pilot Free Trade Zone, legal representative: Guo Junmei.
Defendant (respondent): Jiangsu Huifeng Bio Agriculture Co.Ltd(002496) , unified social credit code 913209001407071551, domicile: South Head of wanggangzha, Dafeng District, Yancheng City, legal representative: Zhong Hangen.
Defendant: audit institution of Shijiazhuang Ruikai Chemical Co., Ltd.
The third party: Shijiazhuang Ruikai Chemical Co., Ltd. (hereinafter referred to as “Ruikai company”), unified social credit code 911 Dalian Demaishi Precision Technology Co.Ltd(301007) 98448815g, domicile: No. 1, Xingwang Road, biological industry park, Zhao county, Shijiazhuang City, legal representative: Wei Guangquan. 2、 Court ruling
In the case of the dispute between the applicant Hebei BAISHIDA Trading Co., Ltd. and the respondent Jiangsu Huifeng Bio Agriculture Co.Ltd(002496) , the audit institution of the defendant Ruikai company and the third party Shijiazhuang Ruikai Chemical Co., Ltd. over liability for damaging the interests of the company, the people’s Court of Zhengding County, Hebei Province made a civil ruling (2021) Ji 0123 min Chu No. 864 on March 29, 2021, ruling to freeze the bank deposit of 40 million yuan under the respondent Jiangsu Huifeng Bio Agriculture Co.Ltd(002496) name or seal up the property of the same value. On June 15, 2021, the people’s Court of Zhengding County, Hebei Province made a ruling to transfer the case to Dafeng court for handling (Hebei BAISHIDA Trading Co., Ltd. appealed to Shijiazhuang intermediate people’s Court of Hebei Province due to dissatisfaction with the ruling, and Shijiazhuang intermediate people’s court made the final ruling of “rejecting the appeal and upholding the original ruling” on August 3, 2021). Because the applicant Hebei BAISHIDA Trading Co., Ltd. failed to pay the case acceptance fee in advance within seven days after serving the notice of paying litigation fees in Dafeng court according to law, Dafeng court made (2022) Su 0982 minchu No. 546 civil ruling on March 15, 2022, ruling that the case should be dismissed by the applicant Hebei BAISHIDA Trading Co., Ltd.
According to item (IV) of the first paragraph of article 166 of the interpretation of the Supreme People’s Court on the application of the Civil Procedure Law of the people’s Republic of China, the ruling is as follows:
The bank deposit of 40 million yuan or other equivalent property of the respondent Jiangsu Huifeng Bio Agriculture Co.Ltd(002496) shall be released from sealing up, seizure and freezing.
3、 Other undisclosed litigation and arbitration matters
Up to now, the company has no major litigation and arbitration matters that should be disclosed but not disclosed. For general litigation matters, see the relevant chapters in the company’s periodic report and the disclosed announcement.
4、 Possible impact of the ruling result on the company’s current profit or later profit
The ruling result has no significant impact on the company’s current profit or later profit. Please pay attention to the investment risk.
5、 Documents for future reference
1. Civil ruling.
It is hereby announced
Jiangsu Huifeng Bio Agriculture Co.Ltd(002496) board of directors March 18, 2002
