002360SZSE
🚨 Material Event

Announcement on the Receipt of Arbitration Notice by the Company's Wholly-Owned Subsidiary

ST Tongde Co., Ltd.··3 pages

✨ AI Summary

The company's wholly-owned subsidiary, Tongde Kechuang, has received an arbitration notice from Shaanxi Huajian Engineering for a construction contract dispute. The claim amounts to RMB 55,101,799.95. The arbitration is in its early stages, and the impact on the company's earnings is currently uncertain.

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Full Translation

AI Translation· gemini_document

Securities Code: 002360

Securities Abbreviation: ST Tongde

Announcement No.: 2026-087

Shanxi Tongde Chemical Co., Ltd.

Announcement on the Receipt of Arbitration Notice by the Company's Wholly-Owned Subsidiary

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. Arbitration Stage: Accepted, subsequent arbitration procedures have not yet commenced.

  2. Party Status of the Listed Company's Wholly-Owned Subsidiary: Respondent in the arbitration.

  3. Arbitration Matter: Dispute over construction engineering contract.

  4. Amount Involved: RMB 55,101,799.95.

  5. Impact on the Company's Profit and Loss: As the arbitration has not yet been heard, the impact on the Company is uncertain. The final actual impact will be subject to the arbitration result and its final execution. To protect the legitimate rights and interests of the Company and its shareholders, the Company attaches great importance to and closely monitors the progress of the arbitration, and will fulfill its information disclosure obligations in a timely manner according to relevant regulations. Investors are advised to pay attention to investment risks.

I. Basic Situation of the Current Arbitration

Recently, Shanxi Tongde Chemical Co., Ltd. (hereinafter referred to as "Tongde Chemical" or "the Company") received an "Arbitration Notice" [(2026) Xi Arbitration No. 1725] from the Xi'an Arbitration Commission, sent to its wholly-owned subsidiary, Tongde Kechuang Materials Co., Ltd. (hereinafter referred to as "Tongde Kechuang"). Shaanxi Huajian Engineering Co., Ltd. (hereinafter referred to as "Shaanxi Huajian") has filed an arbitration application with the Xi'an Arbitration Commission regarding a construction engineering contract dispute with Tongde Kechuang. As of the disclosure date of this announcement, the Xi'an Arbitration Commission has accepted the case, and subsequent arbitration procedures have not yet commenced.

II. Basic Situation of the Current Arbitration Case

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