Legal Proceedings
−Removed: On or about August 3, 2018, written decisions
−Removed: of administration penalty captioned Shou Guo Tu Zi Fa Gao Zi [2018] No.
+Added: On or about August 3, 2018, written decisions of administration penalty
+Added: captioned Shou Guo Tu Zi Fa Gao Zi [2018] No.
291, Shou Guo Tu Zi Fa Gao Zi [2018] No.
−Removed: 292, Shou Guo Tu Zi Fa
−Removed: Gao Zi [2018] No.
292, Shou Guo Tu Zi Fa Gao Zi [2018] No.
+Added: Guo Tu Zi Fa Gao Zi [2018] No.
294, Shou Guo Tu Zi Fa Gao Zi [2018] No.
−Removed: 295 and Shou Guo Tu Zi Fa Gao Zi [2018]
−Removed: 296 (together, the “Written Decisions”) were served on Shouguang City Haoyuan Chemical Company Limited (“SCHC”)
−Removed: by the Shouguang City Natural Resources and Planning Bureau (the “Bureau”), naming SCHC as respondent.
−Removed: For more details and information related to the
−Removed: Written Decisions, please see “Note 20 – Loss Contingencies, Notes to Condensed Consolidated Financial Statement” contained
+Added: 295 and Shou Guo Tu Zi Fa Gao Zi [2018] No.
+Added: 296 (together, the
+Added: “Written Decisions”) were served on Shouguang City Haoyuan Chemical Company Limited (“SCHC”) by the Shouguang
+Added: City Natural Resources and Planning Bureau (the “Bureau”), naming SCHC as respondent.
+Added: For more details and information related to the Written
+Added: Decisions, please see “Note 21 – Loss Contingencies, Notes to Condensed Consolidated Financial Statement” contained
in this quarterly report.
According to a Civil Mediation Statement (No.
−Removed: (2025) Lu 0783 Min Chu 2607) issued by the Shouguang People's Court of Shandong Province on March 17, 2025, Shouguang City Haoyuan Chemical
−Removed: Company Limited ("SCHC"), a wholly owned subsidiary of the Company, owes the plaintiff, Shouguang Chengyu Trading Co., Ltd.,
−Removed: a total of RMB 226,825.44 for goods.
−Removed: SCHC is also obligated to make monthly payments of RMB 50,000 to the plaintiff by the 15th of each
−Removed: month, starting in April 2025, until the debt is fully paid off.
+Added: (2025) Lu 0783 Min Chu
+Added: 2607) issued by the Shouguang People's Court of Shandong Province on March 17, 2025, Shouguang City Haoyuan Chemical Company Limited ("SCHC"),
+Added: a wholly owned subsidiary of the Company, owes the plaintiff, Shouguang Chengyu Trading Co., Ltd., a total of RMB 226,825.44 for goods.
+Added: SCHC is also obligated to make monthly payments of RMB 50,000 to the plaintiff by the 15th of each month, starting in April 2025, until
+Added: the debt is fully paid off.
+Added: According to the mediation document No.
+Added: Local Arbitration Commission, the applicant, Shandong Deepin City Emergency Loan Fund Co., Ltd., and the respondent, Shandong Shouguang
+Added: Vegetable Industry Group Co., Ltd., confirmed that the total amount of the debt was 15,000,000 yuan, as well as the interests to be paid
+Added: in the future.
+Added: Shouguang Yuxin Chemical Co., Ltd.
+Added: and Shouguang Haoyuan Chemical Co., Ltd.
+Added: are jointly and severally liable for the above
+Added: payment contents.
+Added: If the payment is not made on time, the applicant has the right to apply to the court for compulsory execution.
+Added: to the mediation document No.
+Added: 1357 of the Local Arbitration Commission in 2023, the applicant, Shandong Deepin City Emergency Loan Fund
+Added: Co., Ltd., and the respondent, Shandong Shouguang Vegetable Seed Industry Group Co., Ltd., confirmed that the total amount of the debt
+Added: was 10,000,000 yuan, as well as the interests to be paid in the future.
+Added: Shouguang Yuxin Chemical Co., Ltd.
+Added: and Shouguang Haoyuan Chemical
+Added: are jointly and severally liable for the above payment contents.
+Added: If the payment is not made on time, the applicant has the right
+Added: to apply to the court for compulsory execution.
+Added: Reading these two mediation, in August 2025, the court auctioned the idle land and attached
+Added: properties on the ground of Shouguang Yuxin Chemical Co., Ltd.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.