This announcement details the progress of a lawsuit filed by Chongqing Caixin Hongye Real Estate Development Co., Ltd. against its shareholder, Jiulong Urban-Rural Operation Group. The court rejected Caixin Hongye's claims, ordering it to bear case acceptance and preservation fees. The company's operations remain normal, and further financial impact will be determined by audited data.
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Securities Code: 000838
Securities Abbreviation: *ST Development
Announcement No.: 2026-048
Caixin Real Estate Development Group Co., Ltd.
Announcement on the Progress of Major Litigation Involving a Subsidiary
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.
I. Basic Case Information
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