Securities code: 000509 securities abbreviation: * ST HuaSu Announcement No.: 2022-011 Huasu Holdings Co.Ltd(000509)
Announcement on progress of major litigation matters
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.
1、 Basic information on litigation matters
Case 1: Nanchong HuaSu building materials Co., Ltd. (hereinafter referred to as “Nanchong HuaSu building materials”) v. Huasu Holdings Co.Ltd(000509) (hereinafter referred to as “the company”), Zhou Jin and Dai Fei’s dispute over capital increase. For details, see the company’s decisions on June 16, 2021, July 15, 2021 Announcements 2021-041, 2021-043 and 2021-074 disclosed in China Securities Journal, Shanghai Securities News, securities times and cninfo on November 12, 2021.
Case 2: the case of Nanchong HuaSu building materials Co., Ltd. suing the company for capital contribution dispute with the shareholders of Nanchong HuaSu down products Co., Ltd. (hereinafter referred to as “Nanchong HuaSu down”) and Nanchong HuaSu profile Co., Ltd. (hereinafter referred to as “Nanchong HuaSu profile”). For details, see the company’s announcement on November 17, 2020 Announcements No. 2020-086 and No. 2021-079 disclosed in China Securities Journal, Shanghai Securities News, securities times and cninfo on December 8, 2021.
2、 Progress on litigation matters
Case 1: the company recently received the civil appeal petition (I). Nanchong HuaSu building materials refused to accept the judgment of Nanchong intermediate people’s Court (2021) Chuan 13 min Chu No. 147 and appealed to Sichuan Higher People’s court. The specific contents are as follows:
Appellant: Nanchong HuaSu building materials Co., Ltd
Appellee: Huasu Holdings Co.Ltd(000509)
Appeal request:
1. Request to revoke the (2021) Chuan 13 min Chu No. 147 judgment made by Nanchong intermediate people’s court; 2. The appellee is requested to change the judgment, pay the total compensation involved in the capital increase (land) involved in the case to the plaintiff of RMB 31.3742 million, and calculate the interest on capital occupation according to the bank loan interest and LPR in the same period until all payments are paid off.
3. The appellee requested to change the judgment, pay the corresponding value of the imported equipment that should be increased but did not increase the capital to the plaintiff of 11.9266 million yuan, and calculate the capital occupation interest according to the bank loan interest and LPR in the same period until all payments are paid off.
4. The court costs, preservation costs and other expenses of the first and second instance of the case shall be borne by the appellee.
Case 2: the company recently received the civil appeal petition (II). Nanchong HuaSu building materials appealed to Nanchong intermediate people’s court against the judgment (2020) chuan1302 minchu No. 7589 of Nanchong Shunqing District People’s court. The relevant contents are as follows:
Appellant: Nanchong HuaSu building materials Co., Ltd
Appellee 1: Huasu Holdings Co.Ltd(000509)
Appellee 2: Nanchong HuaSu down products Co., Ltd
Appellee 3: Nanchong HuaSu profile Co., Ltd
Relevant appeals:
1. Request to revoke the judgment (2020) Chuan 1302 min Chu No. 7589 of Shunqing District People’s Court of Nanchong City;
2. Request that the appellee 1 and the appellee 2 register the change of Nanchong Guoyong (93) Zi No. 9705 state-owned land use right and the real estate property right registration certificate of aboveground houses and buildings in the name of the appellant;
3. The appellee 3 shall be jointly and severally liable for the capital increase obligation of the appellee 1;
4. Request the appellee 1 to fulfill the obligation of cash capital increase of RMB 2.6996 million;
5. The three appellees shall bear the litigation costs and preservation costs.
3、 Are there any other undisclosed litigation and arbitration matters
As of the date of this announcement, the company and its holding subsidiaries have no other litigation and arbitration matters that should be disclosed but not disclosed. 4、 Possible impact of litigation and arbitration in this announcement on the company’s profits in the current period or after the period
In case 1 and case 2, the relevant appellant appealed to the court, and the case has not yet entered the trial and other procedures, so the company is unable to judge the impact of the case on the business performance for the time being. The company will actively respond to the lawsuit and timely perform the obligation of information disclosure according to the follow-up progress of this lawsuit.
The information disclosure media designated by the company are China Securities News, Shanghai Securities News, securities times and http://www.cn.info.com.cn, The information about the company is subject to the announcement published in the above designated media. Please pay attention to the investment risks.
5、 Documents for future reference
1. Civil appeal petition (I); 2. Civil appeal petition (II); It is hereby announced.
Huasu Holdings Co.Ltd(000509) board of directors
January 20, 2002
