Changshan Beiming (000158): Progress Of Fire Accident In Rental Warehouse Of The Company'S Fifth Branch

Changshan Beiming (000158) announced on the evening of May 13. As of the disclosure date of the announcement, the fifth branch of the company and China Railway Corporation had completed the court mediation procedures for all the damages involved in the fire accident of the company's Fifth Branch's rental warehouse (hereinafter referred to as "all cases"), Shijiazhuang intermediate people's court and Shijiazhuang Chang'an District People's court have issued 26 civil mediation documents for all the above-mentioned cases. According to the civil mediation statement, the property losses of other third-party merchants caused by the fire accident will be compensated according to the proportion of 63% of China Railway Corporation and 37% of the fifth branch of the company.

At the same time, the fifth branch of the company recently signed a supplementary agreement to the framework agreement on fire compensation and settlement with China Railway Corporation. Both sides considered the adverse effects caused by the frequent outbreak of Xinguan epidemic and the payment of funds, In principle, China Railway Corporation shall, in principle, pay to the fifth branch of the company all the expenses incurred in the eight cases mentioned above before June 30, 2022, which can be postponed to September 30, 2022 at the latest. The payment period of specific cases shall be determined in the civil mediation statement

The total amount to be paid by China Railway Corporation to the fifth branch company of the company before July 31, 2022 is 1647131 yuan, that before August 31, 2022 is 1660680 yuan, and that before September 30, 2022 is 1503498.28 yuan. In all cases, except for the other 8 cases mentioned above, the payment time of China Railway Company to the fifth branch of the company is still implemented according to the time agreed in the framework agreement on fire compensation and settlement and the civil mediation statement.