Shanghai Golden Union Commercial Management Co.Ltd(603682) : Shanghai Golden Union Commercial Management Co.Ltd(603682) announcement on cumulative litigation

Securities code: Shanghai Golden Union Commercial Management Co.Ltd(603682) securities abbreviation: Shanghai Golden Union Commercial Management Co.Ltd(603682) Announcement No.: 2022021 Shanghai Golden Union Commercial Management Co.Ltd(603682)

Announcement on accumulated 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:

Cumulative amount involved in litigation and the status of the listed company as a party: according to statistics, as of December 31, 2021, the cumulative amount of litigation matters of the company and its holding subsidiaries in the whole year of 2021 amounted to 8220350416 yuan (including the amount advanced in litigation and overdue fine), accounting for 7.3% of the absolute value of the company's latest audited net assets. Among all the amounts involved, the plaintiff accounted for 64.7% and the defendant accounted for 35.3%. No arbitration matters.

Will it have a negative impact on the profits and losses of listed companies

As of the disclosure date of this announcement, about 36 million litigation cases (accounting for about 43%) have been concluded, and the court's judgment results support the company by about 7.5 million after two-way deduction. Since other litigation cases have not been adjudicated or executed, the plaintiff's claim does not represent the final judgment result, and the amount involved is not equal to the judgment amount. Therefore, at present, it is impossible to accurately judge its impact on the company's current or future profits, and the final actual impact shall be subject to the effective judgment or execution result of the court. The relevant cases have limited impact on the company's operation and the overall risk is controllable. However, according to the relevant provisions of the stock listing rules of Shanghai Stock Exchange, based on the principle of prudence, the company now focuses on the basic information of litigation and arbitration matters in 2021. The company will timely perform the obligation of information disclosure according to the follow-up progress of the above litigation matters and relevant laws and regulations. Please pay attention to investment risks.

Shanghai Golden Union Commercial Management Co.Ltd(603682) (hereinafter referred to as "the company") according to the relevant provisions of the stock listing rules of Shanghai Stock Exchange, as of December 31, 2021, the company had no arbitration matters, and the company and its holding subsidiaries had a total of 64 litigation cases over litigation matters within 12 consecutive months, including 63 cases with clear litigation amount, involving an amount of about 8220350416 yuan (including the amount advanced in the in transit litigation and overdue fine); There was one case in which the amount of litigation had not been determined. The main reasons for the litigation of the company and its subsidiaries are housing lease contract disputes, etc. The information of each litigation case is hereby announced as follows:

1、 Basic information of accumulated litigation cases:

No. plaintiff defendant litigation type and amount involved progress

(RMB)

Shanghai Shanghai Golden Union Commercial Management Co.Ltd(603682) operation and Management Co., Ltd. Fapai Group Co., Ltd. (this lawsuit) 549365379 first instance judgment, the other party appealed, and the second 1 company's trial is pending

Fapai Group Co., Ltd. Shanghai Shanghai Golden Union Commercial Management Co.Ltd(603682) operation and Management Co., Ltd. public prosecution (counterclaim) 499055492 judgment of first instance, the other party appealed, and the second division 2 trial is pending

Shanghai Shanghai Golden Union Commercial Management Co.Ltd(603682) management Co., Ltd. first instance judgment, the other party appeals, and the second instance of the lawsuit of Shanghai Zhaili decoration design Engineering Co., Ltd. (this lawsuit) 17346266 will be held on March 29, 2022

Shanghai Shanghai Golden Union Commercial Management Co.Ltd(603682) operation and Management Co., Ltd. first instance judgment, the other party appealed, and the litigation (counterclaim) 42919005 of the second 4 company Shanghai Zhaili decoration design Engineering Co., Ltd. will be heard on March 29, 2022

The second instance judgment of Shanghai Shanghai Golden Union Commercial Management Co.Ltd(603682) operation and Management Co., Ltd. came into force, and we performed the judgment and closed the case on July 9, 2021 in Lu minpouring lawsuit (this lawsuit) 370593542

The second instance judgment of Shanghai Shanghai Golden Union Commercial Management Co.Ltd(603682) operation and Management Co., Ltd. came into force, and we performed the judgment on Lu minpouring lawsuit (counterclaim) 324165963 of company 6 on July 9, 2021 and closed the case

The second instance judgment of Shanghai Haitong Youcai education and training Co., Ltd. Shanghai Shanghai Golden Union Commercial Management Co.Ltd(603682) operation and Management Co., Ltd. came into force. We performed the judgment and closed the case on November 5, 2021, 18811809, 7 company litigation

The first instance judgment of Shanghai Shanghai Golden Union Commercial Management Co.Ltd(603682) operation and Management Co., Ltd. came into force. We performed the judgment and closed the case on July 20, 2021 in the litigation (current lawsuit) of 8 Shanghai meinaite Industrial Co., Ltd

The first instance judgment of Shanghai Shanghai Golden Union Commercial Management Co.Ltd(603682) operation and Management Co., Ltd. came into force. We performed the judgment on the lawsuit (counterclaim) 4510144 of 9 company Shanghai meinaite Industrial Co., Ltd. on July 20, 2021 and closed the case

The judgment of the second instance came into effect, and we applied to Shanghai Shanghai Golden Union Commercial Management Co.Ltd(603682) operation and Management Co., Ltd. for enforcement, which was put in place on September 3010, 2021, the litigation (this lawsuit) of Shanghai Mingzhao Legal Consulting Co., Ltd.

The other party applied for retrial. In December 2021, the Supreme Court rejected the retrial and closed the case

The judgment of the second instance came into force, and we applied to Shanghai Shanghai Golden Union Commercial Management Co.Ltd(603682) operation and Management Co., Ltd. for enforcement, which was put in place on September 3011, 2021, the lawsuit (counterclaim) of Shanghai Mingzhao Legal Consulting Co., Ltd. The other party applied for retrial. In December 2021, the Supreme Court rejected the retrial and closed the case

The first instance judgment of Shanghai Shanghai Golden Union Commercial Management Co.Ltd(603682) operation and Management Co., Ltd. came into force. We performed the judgment in the lawsuit of 18786185 of Shanghai secshuo Advertising Co., Ltd. in February 2021 and closed 12 cases

Shanghai Shanghai Golden Union Commercial Management Co.Ltd(603682) operation and Management Co., Ltd

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