*ST Gaosheng (000971): Receipt Of Legal Documents And Litigation Progress

 Securities code: 000971 securities short: *ST Gaosheng announcement number: No. 2019-89 Gaosheng Cmi Holdings Ltd has received notice on the legal documents and proceedings of Shenyang intermediate people's Court of Liaoning province. All members of the company and the board of directors guarantee the authenticity, accuracy and completeness of the announcement, without false record, misleading statement or major omission. Gaosheng Cmi Holdings Ltd (hereinafter referred to as the "company") received the "Notice of respondent", "civil ruling" and relevant legal documents No. 676 in Liao 01 early August 12, 2019, which was issued by the intermediate people's Court of Shenyang municipality of Liaoning province (hereinafter referred to as "Shenyang intermediate court") in August 12, 2019. The following are the following announcements: first, the basic situation of the case. The major shareholder of the company, Beijing cultural Silicon Valley asset operation group Co., Ltd. (hereinafter referred to as "cultural Silicon Valley") signed the loan agreement in June 25, 2018 with Beijing Beiyang Bo Tian Trading Co., Ltd. (hereinafter referred to as "Beiyang Bo Tian"). The loan amount is 64 million 150 thousand yuan, the loan term is 90 days, and the borrowing interest rate is 24%. The company's actual controller and its related parties provide guarantees for the loan. In September 30, 2018, the cultural Silicon Valley and Beiyang Bo Tian signed a supplementary agreement on the loan extension and the new loan arrangement. The borrower Beiyang Bo Tian agreed to extend the term of the first loan, and added 64 million 140 thousand yuan loan to the borrower culture Silicon Valley. The loan period stipulated in the loan agreement was extended from the original date to December 30, 2018. Besides the guarantee of the first loan, the first two shareholders of the new company, Beijing Yu Chi Reed Investment Co., Ltd., LAN Ding Industrial (Hubei) Co., Ltd. and its associated parties as the guarantor, are jointly and severally liable for the two loans. The above content company published the announcement on the progress of the company's main assets being frozen and illegal guarantee in the designated information disclosure media on July 27, 2019 (Bulletin number: No. 2019-81). Two, the main contents of the relevant legal documents. According to the 676 letter of complaint notice, civil ruling and relevant legal documents issued by the Shenyang intermediate people's Court (2019) in the 01 01 years of the early Republic of China, the Shenyang intermediate people's court has accepted the case of Kita Hirohiro's dispute over the loan contract. The company should submit a written reply and other related materials to the Shenyang intermediate people's court within fifteen days from the date of receipt of the copy of the complaint. According to the application filed for preservation filed by Beiyang Bo Tian, the Shenyang intermediate people's court decided to freeze the deposit of eight applicants bank and 150722048.72 other assets. Through the way of online banking and enterprise search APP enquiries, the company learned that Beiyang Bo Tian's application for freezing bank accounts is as follows: bank account frozen amount (RMB yuan), Industrial Commercial Bank of China Ltd Xiantao branch 181308880902600120 602113.08, Bank of China Beijing Haidian branch 811070101410062150 202214.60 Beijing bank Limited by Share Ltd East Chang'an Avenue branch 20000031441700009704733 434.52 Beijing bank Limited by Share Ltd East Chang'an Avenue branch 20000031441700012674964 3541.94 Shengjing bank Shijingshan Beijing Shijingshan branch 011070010200000173 800.74 so far, the company has not yet received notice about the freezing of bank accounts of the above company and related legal documents. Two, the impact on the company may be caused by the violation of the company's seal. Upon receipt of the above legal documents, the company will actively advocate the right through legitimate channels to solve the situation of the company's involvement in the violation of the seal. The impact of the above items on the profit or post period profits of the company is uncertain. The company will continue to follow up the progress of related matters and fulfill the obligation of information disclosure in a timely manner. China Securities Daily, Shanghai Securities Daily, securities times, securities daily and www.cninfo.com.cn provide designated information disclosure for the company. All information is based on the announcement made by the company in the above designated media. We invite investors to pay attention to company announcements and pay attention to investment risks. Hereby announce Gaosheng Cmi Holdings Ltd board of directors two O 19 August 14th