300528SZSE

Announcement on Cumulative Litigation and Arbitration Cases

✨ AI Summary

This announcement provides an overview of the cumulative litigation and arbitration cases involving Happiness Blue Ocean Film and Television Culture Group Co., Ltd. and its subsidiaries. The total undisclosed litigation amount over the past twelve months is approximately RMB 45.62 million, representing 11.76% of the company's latest audited net assets. The company is actively pursuing legal actions to recover receivables and protect its interests.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Happiness Blue Ocean Film and Television Culture Group Co., Ltd. (hereinafter referred to as "the Company" or "Happiness Blue Ocean") guarantees that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

According to the relevant provisions of the Shenzhen Stock Exchange's GEM Listing Rules, the Company has compiled statistics on the cumulative litigation and arbitration matters involving the Company and its wholly-owned and controlling subsidiaries. The relevant statistical information is announced as follows:

I. Basic Situation of Cumulative Litigation and Arbitration Matters in the Past Twelve Months

According to the relevant provisions of the Shenzhen Stock Exchange's GEM Listing Rules (hereinafter referred to as "the Rules"), the litigation and arbitration matters that occurred within the Company are calculated based on a cumulative principle over the past twelve months and have reached the disclosure standards set forth in the Rules. As of the date of this announcement, the total undisclosed litigation amount involving the Company and its subsidiaries over the past twelve months is RMB 45.6205 million (excluding amounts not yet specified), accounting for 11.76% of the Company's latest audited net assets (RMB 387.8839 million). Among them, there are 3 cases where the Company and its wholly-owned and controlling subsidiaries are plaintiffs or applicants in arbitration, involving a total amount of RMB 31.3220 million, as detailed in Appendix 1; and 5 cases where the Company and its wholly-owned and controlling subsidiaries are defendants, involving a total amount of RMB 14.2985 million, as detailed in Appendix 2.

II. Basic Situation of Past Unresolved Cumulative Litigation and Arbitration Matters

As of the date of this announcement, the Company and its wholly-owned and controlling subsidiaries do not have any other litigation or arbitration cases that should be disclosed but have not been disclosed.

Sign in to read the full translation

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