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*ST Middle Velvet (000982): The Controlling Shareholder And Its Legal Representative Are Listed As Dishonest Executors.

2019/1/16 0:32:00 57

*ST VelvetCashmere IndustryTextile StocksThe Latest Announcement


                                                                   

   


Announcement of Limited by Share Ltd of Ningxia BOC cashmere industry on the announcement of the controlling shareholder and its legal representative of the company's dishonest executor

1. The case of being a dishonest executor

The Limited by Share Ltd of Ningxia cashmere industry (hereinafter referred to as "the company") has recently been informed by the information disclosure network of China that the company's controlling shareholder, Ningxia Bank of China International Group Co., Ltd. (hereinafter referred to as "Zhong Rong Group") and its legal representative, Sheng Ming, were included in the list of dishonest executors by Shanghai first intermediate people's court.

According to China's implementation of the information disclosure network, the Cashmere Group and its legal representative, Ma Shengming, were listed as the executors of dishonesty because of (2018) 01 cases in Shanghai, 1436.

According to the company's verification, the above case is a dispute between Cashmere Group and Shanghai Hao De Asset Management Co., Ltd. because of the cooperation agreement of Shanda game privatization. According to the civil judgment of Shanghai Higher People's Court [(2018) Shanghai Min 338], the total amount involved is 50005000 yuan. The Cashmere Group did not fulfil the obligation of payment as determined in the effective legal document within the time limit, so it was listed on the list of dishonest executors.

The above cases are detailed in the November 28, 2018 announcement of the announcement of the 2018-113 Ningxia Bank of China Limited by Share Ltd on the controlling shareholder's lawsuit.

Two, the impact on the company

The above litigation will not affect the company's current profits or future profits, the company will continue to pay attention to the progress of the matter, and strictly comply with the requirements of relevant laws, regulations and regulatory documents in a timely manner to fulfill the obligation of information disclosure.

Notice hereby.

The board of Limited by Share Ltd of Ningxia BOC cashmere industry

Two January 15th 19


   

   

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