Stock Code: 600858 stock abbreviation: Inzone Group Co.Ltd(600858) No.: pro 2022-004 Inzone Group Co.Ltd(600858)
Announcement on the progress of the company’s litigation matters
Special note: 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:
Litigation stage of the case: judgment of second instance
Party status of listed company: appellant (defendant of first instance)
Whether it will affect the profits and losses of listed companies: This is the result of the second instance. Based on the principle of prudence, the company has estimated losses and expenses such as decoration supporting losses, inventory loss depreciation, expected available interest losses and case acceptance fees in 2020, which will not affect the profits and losses of the current period. The final data will be subject to the financial data confirmed by the audit.
1、 Basic information of this lawsuit
Appellant (defendant of first instance): Inzone Group Co.Ltd(600858)
Appellee (plaintiff of first instance): Xu Guiyou
Xu Guiyou filed a lawsuit with the people’s Court of Gaomi City, Shandong Province for a dispute over the lease contract with the company. After the case was filed, the people’s Court of Gaomi City, Shandong Province, applied the summary procedure according to law, held a public hearing, and issued the civil judgment of the people’s Court of Gaomi City, Shandong Province [(2020) Lu 0785 minchu No. 4805], requiring the company to compensate Xu Guiyou for the loss of decoration, containers and supporting facilities, the loss of inventory depreciation, the loss of available interests, etc. of 1128181.8 yuan, as well as the case acceptance fee Preservation fee, audit fee and evaluation fee. The company appealed to Weifang intermediate people’s Court of Shandong Province against the civil judgment of Gaomi people’s Court of Shandong Province according to law, requested to revoke the civil judgment (2020) Lu 0785 minchu No. 4805 of Gaomi people’s court according to law, change the judgment, and reject all litigation claims of the appellee, and the litigation costs shall be borne by the appellee. See the announcements disclosed by the company in Shanghai Securities News, China Securities News and the website of Shanghai Stock Exchange on September 15, 2020, April 28, 2021 and July 14, 2021 for details.
2、 Progress of this lawsuit
The company recently received the civil judgment of Weifang intermediate people’s Court of Shandong Province [(2021) Lu 07 min Zhong No. 5238], and now announces the progress of this lawsuit as follows:
The civil judgment of Weifang intermediate people’s Court of Shandong Province: rejected the appeal and upheld the original judgment; The second instance case acceptance fee of 16893 yuan shall be borne by the company; This judgment is final.
3、 Impact of this lawsuit on the company
This is the verdict of the second instance. Based on the principle of prudence, the company has estimated losses and expenses such as decoration supporting losses, inventory loss depreciation, expected available interest losses and case acceptance fees in 2020, which will not affect the profits and losses of the current period. The final data will be subject to the financial data confirmed by the audit. The company will continue to pay attention to the follow-up progress and timely perform the obligation of information disclosure in accordance with relevant regulations. Please pay attention to the investment risks.
It is hereby announced.
Inzone Group Co.Ltd(600858) board of directors January 20, 2022
