002159SZSE

Announcement on the Progress of Litigation Matters

✨ AI Summary

This announcement details the progress of a lawsuit involving Wuhan SanTe Cableway Group Co., Ltd. as the defendant. The lawsuit, initiated by Hubei Heyue Sheng Investment Co., Ltd., concerns capital contribution disputes. The court has ruled to terminate the execution of the judgment, but the possibility of re-execution remains. The financial impact on the company will be determined by the annual audit.

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Securities Code: 002159 Securities Abbreviation: SanTe Cableway Announcement No.: 2026-13

Wuhan SanTe Cableway Group Co., Ltd. Announcement on the Progress of Litigation Matters

The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.

Special Notes:

  1. Litigation stage of the case: Termination of execution.
  2. Company's party status: Defendant.
  3. Amount involved: The claim amount is RMB 72.9764 million (original appraised capital contribution).
  4. Impact on the listed company's profit and loss: As of now, the execution of this lawsuit has been ruled to be terminated. However, it does not exclude the possibility of the applicant re-applying for execution. The impact of this case on the company's current and future profits will be subject to the final annual audit results. The company will closely monitor the subsequent progress of this matter and fulfill its information disclosure obligations in a timely manner.

I. Basic Situation of the Litigation Matter

Plaintiff: Hubei Heyue Sheng Investment Co., Ltd. (hereinafter referred to as "Heyue Sheng Company" or "Plaintiff"). Legal Representative: Luo Ligui Defendant: Wuhan SanTe Cableway Group Co., Ltd. (hereinafter referred to as "Company" or "Defendant"). Legal Representative: Zhou Aiqiang Third Party: Wuhan Hanjintang Investment Co., Ltd. (hereinafter referred to as "Hanjintang Company" or "Third Party"). Legal Representative: Ye Hongsen

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