000813SZSE

Announcement on the Progress of Performance Commitment Compensation by Meilin Holdings and the Arbitration Result with Kaidi Investment

✨ AI Summary

This announcement details the arbitration outcome regarding Meilin Holdings' performance commitment compensation to Dezhan Health. Meilin Holdings is ordered to pay a total of RMB 1,176,107,200, including compensation and penalties. The company confirms that this arbitration result will not impact its 2025 financial performance, but there are uncertainties regarding Meilin Holdings' ability to fulfill these payments.

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Full Translation

AI Translation· azure_openai

Stock Code: 000813

Stock Abbreviation: Dezhan Health

Announcement Number: 2026-002

Dezhan Health Co., Ltd. announces that the information disclosed by its shareholder, Xinjiang Kaidi Investment Co., Ltd., is true, accurate, and complete, without any false records, misleading statements, or significant omissions. The company and all members of the board guarantee that the announcement content is consistent with the information provided by the information disclosure obligor.

Special Reminder:

  1. The arbitration result will not affect the company's performance in 2025. The impact on the company's financial data in subsequent years will depend on the execution of the arbitration result and the results confirmed by the audit.
  2. There is uncertainty regarding Meilin Holdings and Zhang Yong's ability to fulfill the arbitration result. Investors are advised to make cautious decisions and be aware of investment risks.

I. Basic Situation of Performance Compensation and Arbitration

On May 13, 2021, Dezhan Health Co., Ltd. (hereinafter referred to as "Dezhan Health" or "the Company") and its original controlling shareholder, Meilin Holdings Group Co., Ltd. (hereinafter referred to as "Meilin Holdings"), along with the original actual controller Zhang Yong, signed a "Share Transfer Agreement" with Xinjiang Kaidi Investment Co., Ltd. (hereinafter referred to as "Kaidi Investment"), transferring part of the company's shares held by Meilin Holdings and related parties and transferring control. Meilin Holdings committed that the company would achieve a cumulative net profit attributable to shareholders of no less than RMB 1.24 billion during the performance commitment period (2021-2023). If this is not achieved, Meilin Holdings agrees to pay the difference between the cumulative net profit achieved and the cumulative committed net profit of RMB 1.24 billion in cash or cash equivalents.

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