002360SZSE

Announcement on the Progress of Company Litigation Matters

ST Tongde Co., Ltd.··3 pages

✨ AI Summary

This announcement details the progress of a financial loan dispute involving Shanxi Tongde Chemical Co., Ltd. The company has received a final judgment from the Taiyuan Intermediate People's Court, upholding the original ruling. The company is ordered to repay a principal of RMB 30,000,000 plus interest. The outcome is not expected to significantly impact current or future profits.

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Full Translation

AI Translation· gemini_document

Stock Code: 002360

Stock Abbreviation: ST Tongde

Announcement No.: 2026-088

Shanxi Tongde Chemical Co., Ltd.

Announcement on the Progress of Company Litigation Matters

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.

Special Reminder:

  1. Litigation Stage: Final judgment.

  2. Company's Party Status: Defendant.

  3. Amount Involved: The first-instance judgment ordered Shanxi Tongde Chemical Co., Ltd. to repay the plaintiff, China Merchants Bank Co., Ltd. Taiyuan Branch, the principal amount of RMB 30,000,000, and to pay interest (including penalty interest and compound interest) of RMB 46,583.33 as of December 31, 2025, and penalty interest and compound interest calculated according to the "Loan Agreement" from January 1, 2026, until the date of actual payment.

  4. Impact on the Company's Profit and Loss: This litigation judgment is a final judgment. The outcome of this judgment will not have a significant impact on the company's current or future profits. The final impact on the company will be subject to the execution results and the data confirmed by the auditors. The company will fulfill its information disclosure obligations in a timely manner according to the progress of the litigation. Investors are advised to invest rationally and be aware of investment risks.

Recently, Shanxi Tongde Chemical Co., Ltd. (hereinafter referred to as the "Company" or "Tongde Chemical") received a "Civil Judgment" [(2026) Jin 01 Min Zhong 4565] from the Taiyuan Intermediate People's Court of Shanxi Province, and hereby annou

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