002127SZSE
🚨 Material Event

Announcement on the Progress of Major Litigation of the Company

NanJi E-Commerce Co., LTD.··4 pages

✨ AI Summary

Nanji E-commerce is updating its major litigation status. The company has increased its claim amount in a lawsuit against Shanghai Xinhe Zhao and Shanghai He Zhao Brand Management from RMB 81.69 million to RMB 296.01 million. The lawsuit involves trademark licensing disputes. The court is currently in the first instance trial. The impact on the company's current and future profits is uncertain.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Securities Code: 002127

Securities Abbreviation: Nanji E-commerce

Nanji E-commerce Co., Ltd.

Announcement on the Progress of Major Litigation of the Company

Announcement No.: 2026-043

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and have no false records, misleading statements, or major omissions.

Special Notice:

  1. Litigation Stage: Acceptance of filing, currently under first-instance trial.

  2. Party Status of the Listed Company:

(1) Nanji E-commerce Co., Ltd. vs. Shanghai Xinhe Zhao Enterprise Development Co., Ltd., Shanghai He Zhao Brand Management Co., Ltd.: Plaintiff

(2) Shanghai Xinhe Zhao Enterprise Development Co., Ltd. vs. Nanji E-commerce Co., Ltd.: Defendant

  1. Amount Involved:

(1) The amount disclosed by the Company for Nanji E-commerce Co., Ltd. suing Shanghai Xinhe Zhao Enterprise Development Co., Ltd. was RMB 81,690,733.00. After the current change, it is RMB 296,006,066.20 (preliminary).

(2) The amount involved in the lawsuit filed by Shanghai Xinhe Zhao Enterprise Development Co., Ltd. against Nanji E-commerce Co., Ltd. disclosed by the Company (after change) is RMB 313,259,078.52 (excluding interest).

  1. Impact on the Company's Profit and Loss: This customer's revenue was not recognized in the current year. As the case is still under trial, the specific impact on the company's current or future profits is uncertain. The company will fulfill its information disclosure obligations in a timely manner based on the progress of the case.

I. Disclosure of Previous Litigation

Nanji E-commerce Co., Ltd. (hereinafter referred to as "the Company" or "this Company") is in litigation with Shanghai Xinhe Zhao Enterprise Development Co., Ltd. (hereinafter referred to as "Shanghai Xinhe Zhao") regarding the "Trademark License Service Agreement." For details, please refer to the "Announcement on Major Litigation of the Company" (Announcement No.: 2025-064) and "Announcement on the Progress of Major Litigation of the Company" (Announcement No.: 2026-011) disclosed by the Company on January 5, 2026, and April 1, 2026, in the Securities Times and Cninfo.com.cn.

II. Details of the Current Change

Recently, the Company submitted a "Application for Change of Litigation Request" to the Shanghai Qingpu District People's Court regarding case No. (2025) Hu 0118 Min Chu 17338. Regarding the trademark license service contract dispute between this Company and Shanghai Xinhe Zhao, Shanghai He Zhao Brand Management Co., Ltd. (hereinafter referred to as "He Zhao Brand Management Company," collectively referred to as "the Defendants" with Shanghai Xinhe Zhao), considering the multifaceted impact of the dispute on the Company's trademark assets and business development, based on the trial situation and comprehensive evidence, the Company applies to change the original litigation request. The litigation amount has been changed from RMB 81,690,733.00 to RMB 296,006,066.20. This change in litigation request

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.

Sign in to read moreSee Pro pricing