002323SZSE

Announcement on Newly Added Litigation and Arbitration Cases

*ST Yabo Co., Ltd.·

✨ AI Summary

Shandong Yabo Technology Co., Ltd. announces newly added litigation and arbitration cases. As of the announcement date, there are 16 new cases totaling approximately RMB 16.1187 million, representing about 7.95% of the company's net assets. The company is actively responding to these cases and will handle them appropriately to minimize losses. The impact on the company's current and future profits remains uncertain due to the unpredictable outcomes.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_documentSign In to Upgrade

Securities Code: 002323 Securities Abbreviation: Yabo Shares Announcement No.: 2026-017

Shandong Yabo Technology Co., Ltd. Announcement on Newly Added Litigation and Arbitration Cases

The Company and the Board of Directors guarantee that the information disclosed in this announcement is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.

Shandong Yabo Technology Co., Ltd. (hereinafter referred to as the "Company") hereby announces the relevant information on newly added litigation and arbitration cases involving the Company and its holding subsidiaries, in accordance with the "Shenzhen Stock Exchange Stock Listing Rules" and other relevant regulations:

I. New Litigation and Arbitration Matters

The Company and its holding subsidiaries have no new litigation cases exceeding 10% of the net assets as of the latest audited period. As of the current date, a total of 16 new cases have been added, with a total claim amount of approximately RMB 16.1187 million, accounting for about 7.95% of the absolute value of the Company's net assets as of the latest audited period. Among these, the amount of litigation and arbitration cases where the Company or its subsidiaries are the plaintiff or applicant is approximately RMB 5.3825 million, and the amount of litigation and arbitration cases where the Company or its subsidiaries are the defendant or respondent is approximately RMB 10.7362 million. For specific details, please refer to the attached "Table of Newly Added Litigation and Arbitration Cases."

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.

Notes & Comments

Sign in to leave a comment or private note.

Loading…