Zhongguancun subordinate concrete enterprises sued China Construction First Bureau, involving 9.7857 million!

Zhongguancun announced on July 28 that Zhongshi Shangzhuang, a holding subsidiary of Beijing Zhongshi Concrete Co., Ltd., submitted a civil complaint to the People's Court of Haidian District, Beijing, for a lawsuit against China Construction First Bureau (Group) Co., Ltd. for disputes over sales contracts, involving a total amount of 9.7857 million yuan. The People's Court of Haidian District of Beijing has accepted the case, with the case number of (2023) Jing 0108 41182 in the early Republic of China. As of the disclosure date of this announcement, the litigation has not yet been heard, and the outcome of the subsequent hearing is uncertain, so the impact on the current or future profits of the Company is uncertain. Zhongshi Shangzhuang

and the defendant signed the Commercial Concrete Purchase Contract for a residential land project in Cuihu Science and Technology Park, Haidian District, Beijing. There was a contractual relationship between the plaintiff and the defendant. Zhongshi Shangzhuang actively fulfilled its obligations and the defendant only paid part of the payment. Zhongshi Shangzhuang has repeatedly urged collection, but the defendant still ignored the fact of arrears, and his behavior has constituted a serious breach of contract and should bear the responsibility for breach of contract, so Zhongshi Shangzhuang brought a lawsuit to the court.

Litigation request:

1. Request to order the defendant to pay the plaintiff the 7281324.17 of the concrete goods;

2. Request that the defendant be ordered to pay the plaintiff 2184397.25 yuan for the loss of capital occupation as of July 12, 2023, and to pay the loss of capital occupation from July 13, 2023 to the date of actual payment (based on the 7281324 of 17 yuan). 4 times of the loan market rate (LPR) for the same period published by the National Inter-bank Funding Center);

3. Request that the defendant be ordered to pay the plaintiff an attorney fee of 320000. 00 yuan;

4. Request that the defendant be ordered to bear the guarantee fee for the lawsuit of this case;

5. Request that the defendant be ordered to bear the case acceptance fee and preservation fee. Another related lawsuit disclosed in the

announcement:

Basic information: Zhongshi Shangzhuang filed a lawsuit to the People's Court of Weiyang District of Xi'an City due to the dispute over the sales contract between Zhongshi Shangzhuang and the Fourth Construction Co., Ltd. of the Seventh Bureau of China Construction, demanding that the defendant pay the plaintiff 3.859 million yuan for commercial concrete. It also pays the plaintiff liquidated damages, attorney fees, guarantee fees, case acceptance fees and preservation fees.