Securities Code: 002323 Securities Abbreviation: *ST Yabo Announcement Number: 2026-031
Shandong Yabo Technology Co., Ltd. Announcement Regarding Major Litigation
The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions.
Special Instructions:
- Stage of the case: Accepted for filing, pending judgment.
- Company's party status: Plaintiff.
- Total case amount: RMB 112,772,832.65.
- Impact on the Company's profit and loss: The final actual impact will be subject to the court's judgment or arbitration award. The Company will fulfill its information disclosure obligations in a timely manner as the case progresses. Investors are advised to make prudent decisions and be aware of investment risks.
I. Basic Situation of the Major Litigation Accepted
Shandong Yabo Technology Co., Ltd. (hereinafter referred to as the "Company")'s wholly-owned subsidiary, Shenzhen Sanyi Construction System Co., Ltd. (hereinafter referred to as "Shenzhen Sanyi"), has filed a lawsuit with the Zaozhuang Intermediate People's Court of Shandong Province due to a construction contract dispute with Shandong Quanwei New Energy Technology Co., Ltd. and Beijing (Hainan) Holding Group Co., Ltd.
II. Basic Information Regarding the Litigation