002316SZSE

Announcement on Litigation Matters of the Company and its Subsidiaries

✨ AI Summary

This announcement details two ongoing lawsuits involving Jilin Yalian Development Technology Co., Ltd. and its subsidiaries. The first case, filed by subsidiary Nanjing Lingyun, seeks RMB 19.12 million in outstanding project payments. The second, filed by Yalian Development, claims RMB 12 million in delay penalties and RMB 3.58 million in direct losses due to a supplier's defective equipment. The financial impact is currently undetermined as cases are pending trial.

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Securities Code: 002316 Securities Abbreviation: Yalian Development Announcement No.: 2026-023

Jilin Yalian Development Technology Co., Ltd.

Announcement on Litigation Matters of the Company and its Subsidiaries

The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.

Special Reminder:

  1. Litigation Stage of the Cases: (1) Litigation Matter One: The court has accepted the case, and a hearing has not yet been scheduled. (2) Litigation Matter Two: The court has accepted the case, and a hearing has not yet been scheduled.
  2. Party Status of the Listed Company: (1) Litigation Matter One: Nanjing Lingyun, a subsidiary of Yalian Development, is the plaintiff. (2) Litigation Matter Two: Yalian Development is the plaintiff.
  3. Amounts Involved in the Cases: (1) Litigation Matter One: The amount involved is RMB 19,123,123.00 plus overdue payment interest, litigation fees, preservation fees, legal fees, and travel expenses. (2) Litigation Matter Two: The amount involved is RMB 12,000,000.00 as liquidated damages for project acceptance delay, direct losses of RMB 3,585,391.88 caused to Yalian Development by the project acceptance delay, and litigation fees, preservation fees, and related expenses.
  4. Impact on the Company's Profit and Loss: The above cases have not yet been heard by the court, and the impact on Yalian Development's current or future profits cannot be determined at this time.

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