Shenzhen Worldunion Group Incorporated(002285) : last year, the amount of litigation and arbitration was 679 million, affecting the profit of about 11.13 million yuan

On January 21, Shenzhen Worldunion Group Incorporated(002285) (hereinafter referred to as ” Shenzhen Worldunion Group Incorporated(002285) “) announced that due to market fluctuations and epidemic situation, in order to speed up the collection of various businesses and strengthen the collection of funds, Shenzhen Worldunion Group Incorporated(002285) and its holding subsidiaries took the initiative to strengthen the use of litigation means to collect funds.

According to the announcement, as of December 31, 2021, Shenzhen Worldunion Group Incorporated(002285) and its holding subsidiaries had accumulated litigation and arbitration matters totaling RMB 679 million for 12 consecutive months, accounting for 13.15% of the absolute value of the company’s latest audited net assets. Among all the amounts involved, the plaintiff accounted for 78.56%, the defendant accounted for 20.84%, and the amount involved in litigation by the company as a third party accounted for 0.60%.

In addition, the announcement also disclosed that in the litigation and arbitration matters of the announcement, Shenzhen Worldunion Group Incorporated(002285) as the defendant involved a total amount of about 141 million yuan. Shenzhen Worldunion Group Incorporated(002285) the amount involved in the litigation and arbitration matters appealed after the judgment of the first instance is recognized as estimated liabilities, and the statistical amount is 197000 yuan. The impact of litigation and arbitration matters announced in this announcement on the company’s current or future profits is about 11.1322 million yuan.

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