*ST Jinggu announced that the case involving the Cangzhou Bank against Huiyin Timber and other financial loan contract disputes involving the company recently received a final judgment from the Baoding Intermediate Court, which rejected the Cangzhou Bank's appeal and upheld the original judgment. The court of first instance found that the company was not a party to the loan and guarantee contract and was not required to assume the loan guarantee liability involved in the case. The case involved a loan principal amount of 148 million yuan and corresponding interest. This judgment is final. It will not affect the normal production and operation of the company, and will not have a significant adverse impact on the company's current or future profits.

Zhitongcaijing · 1d ago
*ST Jinggu announced that the case involving the Cangzhou Bank against Huiyin Timber and other financial loan contract disputes involving the company recently received a final judgment from the Baoding Intermediate Court, which rejected the Cangzhou Bank's appeal and upheld the original judgment. The court of first instance found that the company was not a party to the loan and guarantee contract and was not required to assume the loan guarantee liability involved in the case. The case involved a loan principal amount of 148 million yuan and corresponding interest. This judgment is final. It will not affect the normal production and operation of the company, and will not have a significant adverse impact on the company's current or future profits.