The company and all members of the board guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
I. Progress of Major Litigation Cases
(1) Progress of Major Litigation Cases
The company disclosed the announcement titled "Announcement on New Major Litigation and Arbitration Cases" (No. 2024-051) on May 15, 2024. As of the date of this announcement, there have been new developments in the major litigation cases. Please refer to Appendix 1: Statistical Table of Major Litigation Case Progress.
(2) Other Litigation and Arbitration Matters
The company and its subsidiaries have no other major litigation or arbitration matters that should be disclosed but have not been disclosed.
(3) Impact on the Company
Given that the financial loan contract disputes filed against the company have been mediated or adjudicated, the estimated impact on the company's current or future profits is approximately CNY 45.1466 million (as of June 5, 2024). The final specific amount will be based on actual occurrences.
II. Other Matters
The company solemnly reminds investors that "China Securities Journal," "Securities Daily," "Securities Times," "Shanghai Securities Journal," and the Giant Tide Information Network are designated media for the company's information disclosure. All company information shall be based on the information published in the aforementioned designated media. The company will strictly adhere to relevant laws and regulations, diligently fulfill its information disclosure obligations, and ensure timely information disclosure.
III. Documents for Inspection
Mediation documents and judgments.
This announcement is hereby made.
Henan Xinye Textile Co., Ltd. Board of Directors
June 6, 2024