300237SZSE
🚨 Material Event

Announcement on Cumulative Litigation, Arbitration and Progress

ST Meichen Co., Ltd.··4 pages

✨ AI Summary

Shandong Meichen Technology Group Co., Ltd. announces cumulative litigation and arbitration matters over the past twelve months. The company has initiated 4 new cases totaling approximately RMB 12.01 million. One previously disclosed case has seen progress with a first-instance judgment. The company is actively responding to these matters, and their impact on current or future profits remains uncertain.

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Full Translation

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Securities Code: 300237

Securities Abbreviation: ST Meichen

Announcement No.: 2026-042

Shandong Meichen Technology Group Co., Ltd.

Announcement on Cumulative Litigation, Arbitration and Progress

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or significant omissions.

Shandong Meichen Technology Group Co., Ltd. (hereinafter referred to as "Meichen Technology" or "the Company") has statistically analyzed the cumulative new litigation and arbitration matters over the past twelve months in accordance with the "Shenzhen Stock Exchange ChiNext Stock Listing Rules" and hereby announces the specific situation as follows:

I. Basic Situation of New Cumulative Litigation and Arbitration

As of the disclosure date of this announcement, excluding previously disclosed litigation and arbitration cases, the Company has cumulatively initiated 4 new litigation and arbitration cases within the past twelve months, with a total case amount of approximately RMB 12.0122 million, exceeding 10% of the Company's net assets as audited in the most recent period, and the total case amount exceeding RMB 10 million.

The newly added cumulative litigation in this announcement does not include any single litigation case where the amount involved exceeds 10% of the Company's net assets as audited in the most recent period and the absolute amount exceeds RMB 10 million.

II. Progress of Previously Disclosed Cumulative Litigation and Arbitration

From June 30, 2026 (the date of the Company's previous disclosure of litigation and arbitration information) to the date of this announcement, one of the previously disclosed litigation and arbitration matters has made new progress (a first-instance judgment has been made, with a case amount of approximately RMB 1,408.98 million, and the Company and its subsidiary Hangzhou Seastone Landscape Group Co., Ltd. are not liable as defendants in the case). Apart from the progress in this case, there has been no significant progress in other cases.

Details of litigation and arbitration matters involving the Company with an amount exceeding RMB 10 million and their progress are detailed in Attachment 1.

III. Other Undisclosed Litigation and Arbitration Matters

As of the disclosure date of this announcement, the Company and its holding subsidiaries have no other major litigation or arbitration matters that should be disclosed but have not been disclosed.

IV. Impact of the Announced Litigation and Arbitration on the Company's Current and Subsequent Profits

Regarding the new litigation and arbitration m

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