Securities code: Guangdong Rongtai Industry Co.Ltd(600589) securities abbreviation: St Rongtai Announcement No.: 2022037 Guangdong Rongtai Industry Co.Ltd(600589)
Announcement on accumulated litigation matters and progress of the company
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:
● the status of the listed company as a party: the company and its subsidiaries are the defendants of the case
● cumulative litigation (Arbitration) amount of financial institutions: about 188549600 yuan
● cumulative litigation (Arbitration) amount involved in investor disputes: the total amount involved is about 252437 million yuan.
● whether it has a negative impact on the profits and losses of listed companies: in view of the fact that some lawsuits of the company have not been settled, the company is unable to judge its impact on the profits of the company in the current period or after the period.
Guangdong Rongtai Industry Co.Ltd(600589) (hereinafter referred to as “the company” or “Guangdong Rongtai”) has sorted out and counted the litigation (Arbitration), investor disputes and other matters accumulated by the company and its subsidiaries for 12 consecutive months in accordance with the stock listing rules of Shanghai Stock Exchange and other relevant provisions. The relevant information is hereby announced as follows:
1、 Basic information of cumulative litigation (Arbitration)
1. Basic information of cumulative litigation (Arbitration) of new loan disputes
(1) As of May 19, 2022, the accumulated litigation (Arbitration) amount of the company and its subsidiaries in 12 consecutive months was about 188549600 yuan, exceeding 10% of the absolute value of the company’s latest audited net assets. The details are as follows:
The case no. of the court of order is the subject amount of the plaintiff and the defendant. The progress of the case
number
Guangdong Rongtai Industry Co.Ltd(600589) , Jieyang Jiajia
Shantou Zhong (2021) Shantou Zhong financial loan Industrial Bank Co.Ltd(601166) Gufu Industrial Co., Ltd., Guangdong Rongtai advanced porcelain Co., Ltd
1. The arbitration committee Zi No. 150 contract dispute Co., Ltd. and Jieyang Xingsheng chemical raw materials Co., Ltd. have been adjudicated for 80 million yuan
Shantou Jiehe Real Estate Development Co., Ltd
Si, Yang Baosheng, Lin Feng
Guangzhou Hai (2021) Guangdong finance leasing Jinwo International Finance
2. Zhuhai district law 520105 contract dispute at the beginning of the Republic of China asset leasing Co., Ltd. Guangdong Rongtai Industry Co.Ltd(600589) , Yang Baosheng 4999000 yuan, no judgment in the first instance
No. 24686 company
Zhang beirongtai cloud Valley Data Co., Ltd. and Guangdong Rongtai group of China Construction Third Engineering Bureau of Hebei Zhang (2021) Hebei Construction Project
3. Beixian FA 0722 construction contract Group Co., Ltd. and Industrial Co., Ltd. in the early Republic of China did not hold a court session in the first instance of 39.79 million yuan
Court dispute No. 2720
Guangzhou (2021) Guangdong sales contract Guangdong tianhenong
4 Yuexiu District 0104 dispute Capital Co., Ltd. Guangdong Rongtai Industry Co.Ltd(600589) 11069600 yuan has been decided in the first instance
Court Company No. 46667
Shantou (2022) Guangdong Industrial Bank Co.Ltd(601166) shares
5. Longhu District 0507 mortgage contract Co., Ltd. at the beginning of the Republic of China Jieyang Jiafu Industrial Co., Ltd. was not heard in the first instance of 51.89 million yuan
People’s Law No. 1072 Shantou branch
courtyard
Guangzhou (2022) Guangdong sales contract Guangzhou kaimaohua Guangdong Rongtai Industry Co.Ltd(600589) chemical solvent
6. The factory of Huangpu District 0112 dispute Engineering Co., Ltd. at the beginning of the Republic of China, Guangdong Rongtai Industry Co.Ltd(600589) 801000 yuan has been judged in the first instance
Court No. 10862
(2) Progress of litigation (Arbitration) disclosed in the early stage
The case no. of the court of first instance is the subject amount of the plaintiff and the defendant, and the progress of the lawsuit
number
Guangdong Rongtai Industry Co.Ltd(600589) , Beijing Sen
Guangzhou Nanyue (2021) financial leasing Guangfa financial leasing (Guanghua Yiteng Communication Technology Co., Ltd. and Guangdong Rongtai company received the notice of 4.3062 million yuan from senior porcelain Co., Ltd. and Jieyang Jiafu industry on April 25, 2022
8571 Co., Ltd., Jieyang Xingsheng chemical raw materials Co., Ltd
Company, Yang Baosheng, Lin Feng
Guangdong Rongtai Industry Co.Ltd(600589) , Beijing Sen
Guangzhou Nanyue (2021) financial leasing Guangfa financial leasing (Guanghua Yiteng Communication Technology Co., Ltd. and Guangdong Rongtai company received the notice of holding 2 Sha District Court 0115 contract dispute East) Co., Ltd. senior porcelain Co., Ltd. and Jieyang Jiafu industry for 2.7721 million yuan on May 14, 2022
8572 Co., Ltd., Jieyang Xingsheng chemical raw materials Co., Ltd
Company, Yang Baosheng, Lin Feng
Guangdong Rongtai Industry Co.Ltd(600589) , Beijing Sen
Guangzhou Nanyue (2021) financial leasing Guangfa financial leasing (Guanghua Yiteng Communication Technology Co., Ltd. and Guangdong Rongtai company received the notice of 7.7777 million yuan from senior porcelain Co., Ltd. and Jieyang Jiafu industry on April 25, 2022
No. 8573 Co., Ltd., Jieyang Xingsheng chemical raw materials Co., Ltd
Company, Yang Baosheng, Lin Feng
(2021) on May 13, 2022, Guangdong company received guang4 Jieyang rong5202 early Republic of China financial loan Agricultural Bank Of China Limited(601288) Jieyang Guangdong Rongtai Industry Co.Ltd(600589) , Jieyang City 88 million yuan. The people’s Court of Rongcheng District, Jieyang City, East Province reported the contract dispute of Laicheng District Court No. 3209 branch Jiafu Industry Co., Ltd Civil judgment written by Yang Baosheng ((2021) Yue 5202 min Chu No. 3209)
(2021) Guangdong company received the financial loan of guang5 Jieyang rong5202 at the beginning of the Republic of China China Minsheng Banking Corp.Ltd(600016) shares Guangdong Rongtai Industry Co.Ltd(600589) The people’s Court of Rongcheng District, Jieyang City, Jieyang City, East Province issued the civil judgment of Laicheng District Court No. 3164 contract dispute Co., Ltd. Jieyang branch Jiafu Industrial Co., Ltd. (2021) Yue 5202 minchu No. 3164)
(2021) Guangdong Guangdong Rongtai Industry Co.Ltd(600589) , Guangdong Rongzhou company received the notice of Guangyuan on May 13, 2022
6 Jieyang rong5202 financial loan at the beginning of the Republic of China China Construction Bank Corporation(601939) Jieyang branch Taigao porcelain Co., Ltd. and Jieyang jiafushi 84 million yuan from the people’s Court of Rongcheng District, Jieyang City, East Province
Civil judgment (2021) of No. 3302 contract dispute Industry Co., Ltd. of urban court and Jieyang Xingsheng chemical raw materials Co., Ltd
Ltd., Yang Baosheng 5202 (minchu No. 3302)
See the relevant announcements (2021053, 2022001 and 2022017) issued by the company on June 18, 2021, January 1, 2022 and April 9, 2022 respectively for the specific contents of the above matters
2. Basic information of cumulative litigation of investor disputes
As of May 19, 2022, the company has received legal documents served by Guangzhou intermediate people’s court, involving 329 investors bringing lawsuits against the company on the grounds of Securities Misrepresentation liability disputes, involving a total amount of about RMB 252437 million. The basic information of relevant lawsuits is as follows:
(I) litigants
(1) Plaintiff: 329 natural persons including Ma and Su
(2) Defendants: Guangdong Rongtai Industry Co.Ltd(600589) , Yang Baosheng, Yang Guang
(3) Cause of action: dispute over liability for Securities Misrepresentation;
(II) claim:
(1) Order the defendant Guangdong Rongtai Industry Co.Ltd(600589) to compensate the plaintiff for the loss of investment balance totaling about 252437 million yuan and interest;
(2) Order the defendant to bear the litigation costs of the case
(3) Order other defendants to be jointly and severally liable for the debts of the defendant Guangdong Rongtai Industry Co.Ltd(600589) .
2、 Impact on current or future profits of the company
The company will safeguard the legitimate rights and interests of the company and its shareholders in accordance with relevant laws and regulations. As some cases have not yet been heard, pending judgment or execution, the company is unable to determine the impact on the company’s current or future profits. The specific impact shall be subject to the audit report. The company will timely fulfill the obligation of information disclosure in accordance with laws and regulations. The website of Shanghai Securities Times (www.sse. CN) is the designated media of Shanghai Securities Times, All information of the company shall be subject to the information disclosed in the above designated media.
Please pay attention to the company’s announcement and pay attention to investment risks.
