Beijing Philisense Technology Co.Ltd(300287) : Announcement on major litigation

Securities code: Beijing Philisense Technology Co.Ltd(300287) securities abbreviation: Beijing Philisense Technology Co.Ltd(300287) Announcement No.: 2022039 Beijing Philisense Technology Co.Ltd(300287)

Announcement on major litigation

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.

Important content tips:

1. The company and its subsidiaries have not received the relevant documents served by the court

2. Party status of listed companies and subsidiaries: defendant

3. The amount involved is 240810465 yuan

4. As the company has not received the relevant documents served by the court for the time being, it is impossible to judge the impact on the current and future profits of the company

1、 Basic information of this lawsuit

The company and its subsidiaries have not yet received the relevant documents served by the court. After inquiry and communication with Jiangsu Hengtong intelligent IOT System Co., Ltd., it was learned that Jiangsu Hengtong intelligent IOT System Co., Ltd. (hereinafter referred to as “Jiangsu Hengtong”) sued Zhejiang Donglan Digital Co., Ltd., Donglan Digital Co., Ltd., Beijing Beijing Philisense Technology Co.Ltd(300287) Electronic Technology Co., Ltd., Beijing Philisense Technology Co.Ltd(300287) contract dispute and applied for property preservation, The amount of preservation application is 240810465 yuan. The lawsuit is related to a series of procurement contracts signed between Zhejiang Donglan Digital Co., Ltd. and Jiangsu Hengtong intelligent IOT System Co., Ltd. in 2018. Jiangsu Hengtong requires Zhejiang Donglan to return the payment and bear liquidated damages, and requires Donglan Digital Co., Ltd., Beijing Beijing Philisense Technology Co.Ltd(300287) Electronic Technology Co., Ltd., Beijing Philisense Technology Co.Ltd(300287) to bear joint and several liabilities.

2、 Possible impact of this lawsuit on the company’s current profits or future profits

As the company has not received the relevant documents served by the court, it is temporarily unable to judge the impact of the above litigation matters on the company’s current and future profits. The company will actively follow up the progress of the case and fulfill the corresponding information disclosure obligations as required. Please pay attention to the investment risks.

It is hereby announced

Beijing Philisense Technology Co.Ltd(300287) board of directors

May 22, 2022

- Advertisment -