Beijing Jin Yi Culture Development Co., Ltd. Announcement on Company Litigation Matters
The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or material omissions.
Special Reminder:
- Litigation (Arbitration) Stage of the Case: Third-party revocation lawsuit for prior concluded litigation. The court has accepted the case, and a hearing has not yet been scheduled.
- Party Status of the Listed Company: Defendant (original plaintiff).
- Amount Involved: Revocation of the original judgments in Case No. (2021) Jing 01 Min Chu No. 633 and Case No. (2021) Jing 01 Min Chu No. 593, or rulings related to the plaintiff's rights in the original judgments. The original cases were ruled in December 2022, and the Company won. During the company's restructuring in 2023, the Company, in accordance with the "Restructuring Plan of Beijing Jin Yi Culture Development Co., Ltd.," transferred the unfulfilled claims and subordinate rights involved in these cases to a third party (the assignee of assets divested during the company's restructuring).
- Impact on the Company's Current or Subsequent Period Profit: As the case has not yet been heard, the final outcome of the case has a degree of uncertainty, and the impact on the Company's current or subsequent period profit cannot be estimated at this time.
I. Basic Situation of the Accepted Lawsuit