300492SZSE
🚨 Material Event

Announcement on Receiving Civil Ruling by Wholly-Owned Subsidiary and its Branch

Huatu Cendes Co., Ltd.··2 pages

✨ AI Summary

Huatu Shan Ding's subsidiary and its branch received a civil ruling regarding a lease dispute. The court ordered the freezing of assets worth RMB 30.2 million. This amount represents 22.50% of the company's net assets and 5.29% of its cash. The company is taking legal action and negotiating to resolve the dispute.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Stock Code: 300492

Stock Abbreviation: Huatu Shan Ding

Announcement No.: 2026-043

Huatu Shan Ding Design Co., Ltd.

Announcement on Receiving Civil Ruling by Wholly-Owned Subsidiary and its Branch

The Company and all members of its board of directors guarantee the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

Key Content Highlights:

  1. Litigation Stage: Under trial (pending hearing). The company's frozen assets are due to the applicant's pre-litigation property preservation application.

  2. Party Status: The Company (including its subsidiaries and branches) is the respondent.

  3. Amount Involved: RMB 30.20 million.

  4. This case involves a dispute over a "Lease Agreement" signed between Huatu Education Technology Nanjing Branch Company (hereinafter referred to as "Huatu Education Technology Nanjing Branch"), a wholly-owned subsidiary of the Company, and the applicant, Nanjing Disong Hotel Management Co., Ltd. (hereinafter referred to as "Disong Hotel"). This lawsuit will not adversely affect the Company's daily operations. To ensure the normal operation of business in this region, we have signed a new lease agreement and completed the site upgrade. Given that the trial for this lawsuit has not yet commenced, the final judgment outcome is uncertain, and its impact on the Company's current and future profits is also uncertain. Investors are advised to invest rationally and be aware of investment risks.

I. Basic Information

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.