002247SZSE

Progress Announcement on the Execution of Settlement with Shizuishan Bank Yinchuan Branch

Juli Culture Co., Ltd.··2 pages

✨ AI Summary

Zhejiang Juli Culture Development Co., Ltd. has reached a settlement with Shizuishan Bank Yinchuan Branch regarding a financial dispute. The company will pay a total of 30 million yuan to settle the debt, with payments scheduled to be completed by the end of May 2026. This announcement indicates that the settlement will not significantly impact the company's current or future profits.

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Full Translation

AI Translation· azure_openai

Zhejiang Juli Culture Development Co., Ltd. (hereinafter referred to as "Juli Culture" or "the Company") previously disclosed that Shizuishan Bank Yinchuan Branch (hereinafter referred to as "Shizuishan Bank Yinchuan Branch") filed a lawsuit against Suzhou Qisi Miaosang Information Technology Co., Ltd. (hereinafter referred to as "Suzhou Qisi Miaosang"), the Company, and Yu Haifeng regarding a financial loan dispute. The court ruled that Suzhou Qisi Miaosang must repay the principal of 30 million yuan and interest to Shizuishan Bank Yinchuan Branch within ten days from the effective date of the judgment; Juli Culture and Yu Haifeng are jointly liable for the aforementioned

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