Announcement on Major Litigation and New Accumulated Litigation and Arbitration Cases
The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
Special Reminder on Major Litigation:
- Litigation stage: The court has accepted the case and has not yet formally opened trial.
- Party status of the listed company: The Company and its subsidiaries, Nandou Hongxin Power and Anhui Huibao, are defendants.
- Amount involved: RMB 144,996,718.34.
- Impact on the Company's profit and loss: The case has not yet been heard, and the impact on the Company's current or future profits is uncertain.
I. Major Litigation Case Details
(I) Acceptance Status
Zhejiang Nandou Power Co., Ltd. (hereinafter referred to as "the Company"), its wholly-owned subsidiary Zhejiang Nandou Hongxin Power Technology Co., Ltd. (hereinafter referred to as "Nandou Hongxin Power"), and its wholly-owned subsidiary Anhui Huibao Renewable Resources Technology Co., Ltd. (hereinafter referred to as "Anhui Huibao Company") (collectively referred to as "the Defendants") recently received the "Civil Ruling" ((2026) Wan 12 Civil First Instance No. 47), "Summons," and "Civil Complaint" from the Intermediate People's Court of Fuyang City, Anhui Province. The parties to the lawsuit are as follows:
Plaintiff: Fuyang Yingquan Rural Commercial Bank Co., Ltd. Defendant 1: Anhui Huibao Renewable Resources Technology Co., Ltd. Defendant 2: Zhejiang Nandou Power Co., Ltd. Defendant 3: Zhu Baoyi Defendant 4: Zhu Shaoping Defendant 5: Zhejiang Nandou Hongxin Power Technology Co., Ltd.
(II) Basic Details of the Case
- Case Type: Dispute over Financial Loan Contract.