Guangxi Rural Investment Sugar Industry Group Co., Ltd.
GUANGXI RURAL INVESTMENT SUGAR INDUSTRY GROUP CO.,LTD
Announcement on the Progress of Litigation Involving a Wholly-Owned 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 major omissions.
Key Information Prompt:
● Litigation stage of the relevant case: Second instance filed
● Party status of the listed company: Defendant
● Amount involved: 27.45 million yuan
● Impact on the company's profit and loss: The outcome of the disclosed litigation is uncertain. The impact of this litigation on the company's current or future profits cannot be determined at this time. The company will fulfill its information disclosure obligations in a timely manner regarding the progress of this disclosed case. Investors are cautioned to be aware of investment risks.
I. Basic Situation of the Litigation
Nanning Yunou Logistics Co., Ltd. (hereinafter referred to as Yunou Logistics Company) is a wholly-owned subsidiary of the company. COFCO Sugar (Tianjin) Co., Ltd. (hereinafter referred to as COFCO Company) filed a lawsuit against Yunou Logistics Company and Guangxi Nanning Baoying Trading Co., Ltd. (hereinafter referred to as Baoying Company) for a warehousing contract dispute. The People's Court of邕宁 District, Nanning City, has accepted the case (for details, please refer to the "Announcement on Litigation Involving a Wholly-Owned Subsidiary of Guangxi Rural Investment Sugar Industry Group Co., Ltd." disclosed by the company on the Juchao Information Network on July 10, 2025, announcement number: 2025-044). In June 2026, Yunou Logistics Company received the "Civil Judgment" [Case No.: (2025) Gui0109 Civil First Instance No. 2656] served by the People's Court of邕宁 District, Nanning City, Guangxi Zhuang Autonomous Region, rejecting all litigation claims of the plaintiff COFCO Company (for details, please refer to the "Announcement on the Progress of Litigation Involving a Wholly-Owned Subsidiary of Guangxi Rural Investment Sugar Industry Group Co., Ltd." disclosed by the company on the Juchao Information Network on June 13, 2026, announcement number: 2026-041).
II. Progress of the Litigation
The plaintiff COFCO Company disagreed with the first-instance judgment and filed an appeal within the statutory period. Recently, Yunou Logistics Company received the "Notice of Appearance" [Case No.: (2026) Gui01 Civil Final No. 8111] served by the Intermediate People's Court of Nanning City, Guangxi Zhuang Autonomous Region.
III. Progress of Other Disclosed Litigation and Arbitration Matters
As of the date of this announcement, the latest progress of disclosed litigation and arbitration cases is as follows: