Liaoning Kelon Fine Chemical Co., Ltd.
Announcement on Progress of Subsidiary Litigation
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.
Key Information Prompt:
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Litigation stage: First instance received court summons
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Listed company's party status: The company's subsidiary, Panjin Kelon Fine Chemical Co., Ltd. (hereinafter referred to as "Panjin Kelon"), is the appellee.
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Amount involved: RMB 53,501,291.67.
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Impact on the listed company's profit and loss: The second instance ruling by the court revoked the civil ruling of the Panjin City Panshan County People's Court (2025) Lia 1122 Min Chu No. 874, and the Panjin City Panshan County People's Court will conduct substantive trial of this case. The case has not yet opened for trial, and it is temporarily impossible to determine the impact on the company's current and future profits and losses. The company will disclose the progress of the case in a timely manner.
I. Basic Situation of the Litigation