Securities Code: 002630
Securities Abbreviation: *ST Huaxi
Announcement Number: 2026-050
Huaxi Energy Industrial Co., Ltd.
Announcement on Progress of Major Litigation
The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.
Special Reminder:
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Litigation Stage: The second-instance judgment has been finalized.
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Party Status: The Company is the appellant in the second instance and one of the defendants in the first instance.
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Amount Involved: RMB 31.3601 million (excluding acceptance fees, preservation fees, etc.).
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Impact on Company's Profit and Loss: This litigation is expected to reduce the Company's current profit by RMB 26.656 million, subject to the final audit by the annual auditor.
I. Basic Situation of the Litigation
Huaxi Energy Industrial Co., Ltd. (hereinafter referred to as "the Company") disclosed the "Announcement on Major Litigation of the Company" (Announcement Number: 2026-002) on January 15, 2026. Due to a dispute over a finance lease contract, Guixi Kongshi Jincheng Finance Leasing Co., Ltd. (hereinafter referred to as "Guixi Kongshi") (the buyer of the leased equipment) filed a civil lawsuit with the People's Court of Guixi City, Jiangxi Province, requesting that the defendant Jiangxi Huasheng Yiheng New Material Technology Co., Ltd. (hereinafter referred to as "Jiangxi Huasheng") (the lessee of the leased equipment) pay all overdue rental payments of RMB 31.36 million and corresponding late fees; requesting that the finance lease contract signed by the buyer and the lessee be terminated as of October 21, 2023; and requesting that the guarantors - Hengli Shengtai (Xiamen) Graphene Technology Co., Ltd. (hereinafter referred to as "Hengli Shengtai") and Xiamen Huaheng Yi New Material Technology Co., Ltd. (hereinafter referred to as "Xiamen Huaheng") - bear joint and several liability for the guarantee. In subsequent court proceedings, Guixi Kongshi added a claim requesting the Company (the seller of the leased equipment) to fulfill its repurchase obligation.