Asia Union Development Co., Ltd. (hereinafter referred to as "the Company" or "Asia Union Development") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Reminder:
- Current stage of the lawsuit: Received the first-instance judgment.
- Position of the listed company: Asia Union Development as the defendant.
- Amount involved: 14,290,053.80 RMB and overdue payment losses.
- Impact on the company's profits: Given that this judgment is a first-instance ruling, both parties have the right to appeal within the stipulated period, and the judgment has not yet taken effect. Due to the uncertainty of the final litigation and execution results, the impact on the company's current or future profits remains uncertain. The company has previously recorded the corresponding amount as accounts payable and will conduct appropriate accounting treatment based on the requirements of enterprise accounting standards and actual circumstances.
On June 3, 2026, Asia Union Development received the "Civil Judgment" issued by the People's Court of Nanshan District, Shenzhen City, Guangdong Province (hereinafter referred to as "the Court") [Case No. (2025) Yue 0305 Minchu 21964]. The relevant situation is announced as follows: