SDIC Capital (600061): Progress Of Litigation Related To Disclosure Of Subsidiary Anxin Securities

Announcement of state investment capital Co., Ltd. on the disclosure of the subsidiary's Anxin securities involving litigation progress

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and shall bear individual and joint liabilities for the authenticity, accuracy and completeness of the contents.

The company's wholly-owned subsidiary, Anxin Securities Co., Ltd. (hereinafter referred to as "Anxin securities"), Beijing Chunxin Capital Management Co., Ltd. (hereinafter referred to as "Chunxin capital") and Beijing Detong Shunli Investment Consulting Co., Ltd. (hereinafter referred to as "Detong Shunli") have disputes over pledge type securities repurchase business, In January 2020, Anxin securities filed a lawsuit application with Shenzhen intermediate people's Court of Guangdong Province (hereinafter referred to as "Shenzhen intermediate court") and was accepted. For details, please refer to the "suggestive announcement of state investment bank on disclosure of litigation announcement of subsidiary Anxin Securities Co., Ltd. (Announcement No. 2020-009). Anxin securities recently received the civil judgment of Shenzhen intermediate people's Court [(2020) Yue 03 min Chu No. 203], and the relevant information is hereby announced as follows:

1、 Basic information of litigation

The case concerning the repurchase dispute between Anxin securities, Chunxin capital and Detong.

1. Filing time: January 16, 2020

2. Accepting institution: Shenzhen intermediate people's court

3. Parties to the case

Plaintiff: Anson securities

Defendant: Chunxin capital, Detong

4. Involved amount: RMB 648255192.80 and interest (the interest amount temporarily calculated to February 4, 2021 is 14501084.90 yuan, which shall be accrued to the date of actual settlement)

2、 Case judgment

After hearing, the Shenzhen intermediate people's court made the following judgment:

1. The defendant Chunxin capital shall repay the overdraft amount of 648255192.8 yuan and corresponding interest (temporarily calculated as 14501084.90 yuan until February 4, 2021, and 648255 yuan from February 5, 2021) with the property of "Lixin youbond No.20 private fund (contractual type)" (hereinafter referred to as "Lixin youbond No.20 fund") within 10 days from the effective date of this judgment, RMB 192.8 until the date of payment);

2. The defendant Chunxin capital shall, within ten days from the effective date of this judgment, pay 250000 yuan of lawyer's fee and 89277.41 yuan of property preservation guarantee fee to the plaintiff Anxin securities with the property of Lixin youbond No.20 fund under its management;

3. Confirm that the defendant Detong shall be liable for the principal of the first debt in this judgment and the interest calculated up to February 10, 2021, and the debt in Item 2 of this judgment;

4. Reject other claims of the plaintiff, Anxin securities.

If the obligation to pay money is not fulfilled within the period specified in this judgment, the debt interest during the period of delay shall be doubled in accordance with Article 253 of the Civil Procedure Law of the people's Republic of China.

The case acceptance fee of this case is 3357693.3 yuan, and the preservation fee is 5000 yuan. The property of Lixin youbond No.20 fund managed by Chunxin capital and Detong Shunli jointly bear 3362273.3 yuan, and Anxin securities, the plaintiff, bears 420 yuan.

3. The impact of litigation on the company

The amount involved in the lawsuit was RMB 648255192.80 and interest, which did not reach 10% of the company's latest audited net assets; The company has made corresponding provision for impairment in accordance with relevant provisions, which has been reflected and disclosed in the annual report of 2020 and the unaudited financial statements of Anxin securities in 2021. The company will continue to fulfill the obligation of information disclosure according to the progress, and investors are requested to pay attention to the investment risk.

For the announcement on the progress of major litigation of Anxin Securities Co., Ltd., please refer to the attachment of announcement disclosed by the company on the website of Shanghai Stock Exchange (www.sse. Com. CN).

It is hereby announced.

SDIC Capital Co., Ltd

Board of directors 20 July 2021