Jin Yu Che Cheng (000803): Major Litigation Notice
Sichuan Jinyu Automobile City (Group) Limited by Share Ltd
Major litigation notice
Sichuan Jinyu Motor City (Group) Limited by Share Ltd (hereinafter referred to as "company", "Jinyu car city" or "our company") received the control of Jiangsu North control Intelligent Electric Technology Co., Ltd. (hereinafter referred to as "Chi Lin Electric") in November 29, 2018. It received the summons of the people's Court of Suzhou Industrial Park in November 9, 2018. The case number is (2018) Su 0591 and the early 10470 of the Republic of China. The details of the case are detailed below.
I. The basic situation of the case
1, parties:
Plaintiff: GCL integrated Polytron Technologies Inc
Defendant: Jiangsu Bei Zhi Zhi Lin Electric Technology Co., Ltd.
2, the causes of the case:
In February 27, 2018, the two sides of the original defendant signed the contract of sale and purchase. The total price of the contract was 21653052.30 yuan, and the plaintiff agreed to sell solar modules to the defendant.
After signing the contract, the plaintiff delivered all the goods to the defendant, the defendant paid some of the goods to the plaintiff, and still owed the plaintiff 17752052.30 yuan.
3, litigant request:
(1) the defendant was ordered to pay 17752052.30 yuan for the plaintiff.
(2) the defendant should be ordered to pay the interest of the overdue payment to the plaintiff at the prescribed interest rate on the basis of the payment of the loan amount (from October 31, 2018 to 792937 days after the date of the overdue date to the actual payment).
(3) the costs of litigation and property preservation shall be borne by the defendant.
Two, litigation decisions
The case has been accepted by the people's Court of Suzhou Industrial Park and has not yet been tried.
Three. New cumulative litigation and arbitration matters.
The accumulative litigation and arbitration matters of this company (including holding company) are as follows:
| Serial number | Plaintiff | Defendant | Cause of action | Litigation request | Receipt of summons | state |
| One | Dalian Heng Rui special container manufacturing Co., Ltd. | Chi Lin Electric | Contract dispute case | 1, the defendant shall be ordered to pay 122500 yuan and interest (122500 yuan) and the interest (from the date of self prosecution to the day of payment), based on the basis of 122500 yuan in accordance with the interest rate of the people's Bank of China at the same time. 2, the litigation costs of this case shall be borne by the defendant. | 2018.11.5 | Conciliation |
| Two | Integrated Polytron Technologies Inc | Chi Lin Electric | Contract dispute case | 1, the defendant should be ordered to pay the goods to the plaintiff for 17752052.30 yuan; 2, the defendant should be ordered to pay the interest of the overdue payment according to the prescribed interest rate from the date of the overdue date to the actual payment date, and temporarily calculate to 792937 yuan in October 31, 2018. 3, the litigation costs and property preservation fees of the case shall be borne by the defendant. | 2018.11.9 | Court of first instance |
| Three | Changzhou Hui Heng electromechanical Manufacturing Co., Ltd. | Chi Lin Electric | Contract dispute case | 1. the defendant was ordered to pay the plaintiff's arrears of 168226.72 yuan and overdue interest; 2, the litigation costs of the case were borne by the defendant. | 2018.11.15 | Conciliation |
| Four | Liu Guo Wei | Car City | Debt dispute | 1, the defendant shall be ordered to repay the principal sum of 2 million 600 thousand yuan, and the interest rate shall be paid to the plaintiff 2% from the monthly interest rate of 2017.10.11. 2, the litigation costs and preservation fees shall be borne jointly by the three defendants. | 2018.11.16 | Court of first instance |
| Five | Xie Guo Xian | Nanchong Jinyu Real Estate Development Co., Ltd. (hereinafter referred to as "Jinyu real estate") | Contract dispute case | 1, rescission of the contract for the pfer of the right to the management of shops, return the pfer fee of 50000 yuan; 2, from October 2017 to the end of the judgment of the contract rental income and breach of contract; 3, the litigation costs borne by the defendant. | 2018.11.30 | The first instance has been opened for trial. |
| Six | Liu Dajiang | Jinyu real estate | Contract dispute case | 1, rescission of the contract for the pfer of the right to the management of shops, return the pfer fee of 50000 yuan; 2, from October 2017 to the end of the judgment of the contract rental income and breach of contract; 3, the litigation costs borne by the defendant. | 2018.11.30 | The first instance has been opened for trial. |
| Seven | Shandong Tai Kai Complete Electrical Appliance Co., Ltd. | Chi Lin Electric | Contract dispute case | 1, the defendant should be ordered to pay 83500 yuan for plaintiff and 5448 yuan for overdue payment. 2, order the defendant to bear all the costs of the case. | 2018.12.3 | Court of first instance |
| Eight | Jingjiang Jiu Sheng Chemical Co., Ltd. | Chi Lin Electric | Contract dispute case | 1, order the defendant to give the electronic business acceptance bill the face value of 300 thousand yuan and interest (the interest rate is calculated according to the same period loan interest rate of the same period of the people's Bank of China from the date of the 30 day of the maturity date of the bill to the date of the actual payment date, temporarily calculated to 4350 yuan in October 30, 2018), the total amount is 304350 yuan; 2, the litigation cost of the case is borne by the defendant in the case of. | 2018.12.8 | Court of first instance |
In November 9, 2018, when Chi Lin received the summons of the Xin Xin integrated case, the company's cumulative litigation amount reached 10% of the net asset ratio stipulated in the stock listing rules and the disclosure standard of the absolute amount of 10 million yuan.
The company apologized for failing to disclose the information in time.
The total amount of litigation in this announcement is 21929014.02 yuan, accounting for 28.02% of the company's audited net assets in the latest year, accounting for 1.69% of the company's total assets.
Four. The possible impact of this litigation on the company's current profits or future profits.
The accounts of the accounts payable in this case are recorded. For breach of contract, litigation costs, preservation fees, interest costs and other expenses, the company will be included in the current profits and losses according to the judgment of the case.
The main shareholders of the original electric company made a commitment to the performance of three years from 2017 to 2019. If they fail to complete their performance, they will be compensated by the original major shareholders of Chi Lin Electric Company or the equity pfer fund will be reduced.
Jinyu real estate, Jinyu City, the number of cases is relatively small, the company will be the final result of the relevant accounting treatment, the current and subsequent gains and losses will be less affected.
Investors are invited to invest rationally and pay attention to investment risks.
Five. Reference documents
1. Suzhou industrial park people's court summons (2018) Su 0591 early Republic 10470.
2, civil indictment
Sichuan Jinyu Automobile City (Group) Limited by Share Ltd
Board of directors December 15, 2018
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