002789SZSE
🚨 Material Event

Announcement on Progress of Major Litigation and New Accumulated Litigation and Arbitration Cases

*ST Jianyi Co., Ltd.··4 pages

✨ AI Summary

This announcement details the progress of a major construction contract dispute involving Shenzhen Jianyi Decoration Group Co., Ltd. and its subsidiary Jianxing Construction. The company is seeking retrial after an unfavorable intermediate court ruling. Additionally, new accumulated litigation and arbitration cases totaling RMB 21.017 million have been reported, representing 10.21% of the company's net assets. The impact on current and future profits is uncertain.

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Full Translation

AI Translation· gemini_document

Securities Code: 002789 Securities Abbreviation: *ST Jianyi Announcement Number: 2026-068 Shenzhen Jianyi Decoration Group Co., Ltd. Announcement on Progress of Major Litigation and New Accumulated Litigation and Arbitration Cases The Company and all members of its board of directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false representations, misleading statements, or material omissions.

I. Progress of Major Litigation (I) Basic Situation of This Major Litigation In 2023, Guangdong Jianxing Construction First Engineering Co., Ltd. (hereinafter referred to as "Jianxing Construction"), a subsidiary of Shenzhen Jianyi Decoration Group Co., Ltd. (hereinafter referred to as the "Company"), was involved in a construction contract dispute with Longguang Engineering Construction Co., Ltd., Shenzhen Longguang Real Estate Co., Ltd., and Foshan Chancheng District Longguang Junjia Real Estate Co., Ltd. For details, please refer to the "Announcement on Major Litigation and New Accumulated Litigation and Arbitration Cases" (Announcement Number: 2023-113) disclosed by the Company on August 30, 2023, in the Securities Times, China Securities Journal, Shanghai Securities News, Securities Daily, and on the giant Information Network (www.cninfo.com.cn).

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