Stock Code: 000931 Stock Abbreviation: Zhongguancun Announcement No.: 2026-060
Beijing Zhongguancun Technology Development (Holdings) Co., Ltd.
Announcement Regarding Litigation Involving Subsidiaries
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or material omissions.
Special Notice:
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Litigation stage: Both Case 1 and Case 2 have been accepted by the courts but have not yet been heard.
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Status of the listed company: In Case 1, the defendant is a subsidiary of the Company; in Case 2, the plaintiff is a subsidiary of the Company.
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Amount involved: The total amount is RMB 13,034,957.99, of which RMB 4,248,584.72 relates to Case 1 and RMB 8,786,373.27 relates to Case 2.
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Impact on the listed company's profit and loss: As the cases have not yet been heard, the impact on the Company's current or future profits remains uncertain.
I. Basic Information on the Acceptance of Litigation Matters
Case 1: Beijing Taihe Elderly Care Service Industry Development Co., Ltd. (hereinafter: Jiujiu Taihe), a wholly-owned subsidiary of Beijing Huasutang Elderly Care Industry Investment Co., Ltd., which is a wholly-owned subsidiary of Beijing Zhongguancun Technology Development (Holdings) Co., Ltd. (hereinafter: the Company), has been sued by Beijing Zhonglin Construction Engineering Co., Ltd. (hereinafter: Zhonglin Construction) in the People's Court of Fangshan District, Beijing, due to a construction contract dispute. The court has accepted the case. Zhonglin Construction applied for property preservation in June 2026. As of the disclosure date, a total of RMB 96,700 in bank account funds belonging to Jiujiu Taihe and its branches has been frozen. The Company has received the Civil Summons from the People's Court of Fangshan District, Beijing [(2026) Jing 0111 Min Chu No. 18090], and the case is scheduled for trial in August 2026.
Case 2: Beijing Zhongshi New Materials Co., Ltd. (hereinafter: Zhongshi New Materials), a holding subsidiary of the Company's holding subsidiary Beijing Zhongshi Concrete Co., Ltd., has filed a Civil Complaint with the People's Court of Mentougou District, Beijing, against Beijing Jingxi Construction Group Co., Ltd. due to a sales contract dispute. The court has accepted the case, case number (2026) Jing 0109 Min Chu No. 7485, and the case is pending trial.
II. Basic Information of Litigation Cases
Case 1
(I) Litigants
Plaintiff: Beijing Zhonglin Construction Engineering Co., Ltd.
Defendant: Beijing Taihe Elderly Care Service Industry Development Co., Ltd.
(II) Basic Information of the Case
According to the "Facts and Reasons" in the Civil Complaint: Since 2021, the plaintiff and the defendant have successively signed seven "Construction Engineering Contracts" for the "Taihe Ruiyuan" project developed by the defendant, agreeing that the plaintiff would undertake various renovation and decoration projects for the project. After signing the contracts, the plaintiff organized construction in strict accordance with the contract terms, construction drawings, and technical specifications, and fulfilled its construction obligations.
Most of the projects were completed on schedule and delivered for use after being inspected and accepted by the defendant. The plaintiff has fulfilled its contractual obligations, but the defendant has not fully paid the project funds for each contract. To resolve the dispute over project payment arrears, the two parties signed the "Taihe Ruiyuan Project Project Payment Settlement Agreement" on September 29, 2025, after friendly consultation. After the settlement agreement took effect, the defendant only paid the first installment of RMB 700,000.00 on October 22, 2025. The defendant failed to fulfill the subsequent repayment agreement, and the plaintiff requests the court to support all its litigation claims.