002426SZSE

Announcement on New Investor Litigation Matters and Progress

✨ AI Summary

Suzhou Victory Precision Manufacturing Technology Co., Ltd. announces new litigation involving 16 investors seeking damages for alleged false statements, totaling RMB 793,935.50. While some prior cases have been settled, these new cases are pending trial. The company will accrue liabilities based on accounting standards, with the final impact to be determined by audit results.

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Full Translation

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Securities Code: 002426 Securities Abbreviation: Victory Precision Announcement No.: 2026-016 Suzhou Victory Precision Manufacturing Technology Co., Ltd. Announcement on New Investor Litigation Matters and Progress The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from false records, misleading statements, or major omissions.

Special Notes:

  1. Litigation Stage: In the current new investor litigation cases, except for Mr. Zou and 7 others who have reached settlement agreements through court mediation, the remaining new investor litigation matters have been accepted by the court and are awaiting trial. Some previous investor lawsuits have been concluded through court mediation or judgment.
  2. Party Status of the Listed Company: Defendant.
  3. Amount Involved in New Litigation Cases: Investment difference losses, commissions, stamp duty, and other fees totaling RMB 793,935.50.
  4. Impact on the Company's Profit and Loss: The new litigation cases have been accepted by the Intermediate People's Court of Suzhou City, Jiangsu Province, and the Intermediate People's Court of Nanjing City, Jiangsu Province. As these cases are currently awaiting trial, it is not yet possible to accurately determine the impact on the Company's profits. The Company will accrue corresponding liabilities and losses for the investor litigation matters in accordance with the "Accounting Standards for Business Enterprises," with the specific amount subject to audit results.

I. New Investor Litigation Matters

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