002316SZSE
🚨 Material Event

Announcement on the Progress of Litigation Involving a Subsidiary

Yalian Development Co., Ltd.··3 pages

✨ AI Summary

Jilin Yalian Development Technology Co., Ltd. announces that its subsidiary, Nanjing Lingyun Technology Development Co., Ltd., has received a first-instance judgment in a construction contract dispute. The court ordered the defendant, China Railway Ninth Bureau Group Co., Ltd., to pay RMB 16,171,858 plus interest. The impact on the company's profit is currently uncertain as the judgment is not yet effective and an appeal is possible.

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Full Translation

AI Translation· gemini_document

Securities Code: 002316

Securities Abbreviation: Yalian Development

Announcement No.: 2026-034

Jilin Yalian Development Technology Co., Ltd.

Announcement on the Progress of Litigation Involving a Subsidiary

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

Special Notice:

  1. Litigation stage: First-instance judgment received.

  2. Party status of the listed company: The company's holding subsidiary, Nanjing Lingyun Technology Development Co., Ltd., is the plaintiff.

  3. Amount involved: RMB 18,123,223.19 plus overdue payment interest, litigation fees, preservation fees, legal fees, and travel expenses.

  4. Impact on the listed company's profit and loss: As this is a first-instance judgment, both parties have the right to appeal within the prescribed period, and this 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 is uncertain.

Jilin Yalian Development Technology Co., Ltd. (hereinafter referred to as the "Company" or "Yalian Development") recently received a notice from its holding subsidiary, Nanjing Lingyun Technology Development Co., Ltd. (hereinafter referred to as "Nanjing Lingyun"). Nanjing Lingyun received a "Civil Judgment" [(2026) Yu 1328 Min Chu No. 2420] issued by the People's Court of Tanghe County, Nanyang City, Henan Province (hereinafter referred to as the "Court"). The relevant situation is hereby announced as follows:

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