20, Guosheng Science and Technology announced that its second-level subsidiary, Anhui Ganjing Yuchen New Energy Co., Ltd. (Hereinafter referred to as "Ganjing Yuchen"), had recently received the Notice of Response from the People's Court of Huainan City, Anhui Province (hereinafter referred to as "Huainan Intermediate Court"). The amount involved was about 151 million yuan .

The content shows that the plaintiff of the above lawsuit is Fengtai Xingzhou Supply Chain Management Co., Ltd. (Hereinafter referred to as "Xingzhou Supply Chain Company"), and the defendant is Ganjing Yuchen and Guosheng Energy Co., Ltd. (Hereinafter referred to as "Guosheng Energy"). In July
2023, Gan Jingyuchen signed the Domestic Procurement Agency Agreement with Xingzhou Supply Chain Company, entrusting the supply chain company to purchase goods from designated suppliers. The two sides agreed that Ganjing Yuchen shall pay 20% of the advance payment for each transaction to Xingzhou Supply Chain Company, and within 3 days from the date when Xingzhou Supply Chain Company advances all the payment for goods, Ganjing Yuchen shall pay off the remaining 80% of the payment for goods, and agree to charge a late fee for overdue payment. For certain overdue payments by Jing Yuchen, the expenses incurred by Xingzhou Supply Chain Company in realizing the creditor's rights (including but not limited to legal fees, litigation fees, litigation preservation fees, assessment fees, travel expenses, etc.) Shall be borne by Jing Yuchen.
After that, the two parties signed the Supplementary Agreement on Domestic Procurement Agency, which stipulated that Ganjing Yuchen should pay off the remaining 80% of the payment within 120 days from the date when Xingzhou Supply Chain Company advanced all the payment.
Guosheng Energy and Ganjing Yuchen have also signed the Guarantee Contract with Xingzhou Supply Chain Company respectively, and the above two enterprises are jointly and severally liable for the debts under the Domestic Procurement Agency Agreement. The scope of guarantee includes advance funds, capital service fees, liquidated damages, compensation and the cost of realizing creditor's rights.
As of July 31, 2026, Ganjing Yuchen owed about 123 million yuan in advance payment and 3.1772 million yuan in fund service fee. The overdue fine is 24.7445 million yuan (temporarily calculated until July 31, when the interest is settled), totaling about 151 million yuan.
According to the content of the announcement, Xingzhou Supply Chain Company urged many times, but the defendant ignored it , so it appealed to Huainan Intermediate Court.
Xingzhou Supply Chain Company requests the court to order the two defendants to pay the above-mentioned advance funds, fund service fees and overdue fees immediately, and to pay 50000 yuan for the realization of creditor's rights immediately, as well as to bear the litigation fee and preservation fee of the case.
According to the announcement of Guosheng Science and Technology on September 17, as of the announcement date, Guosheng Science and Technology and its wholly-owned and holding subsidiaries have accumulated new litigation and arbitration amounts of 52.2665 million yuan in 12 consecutive months, in addition to the disclosed litigation and arbitration.
However, since September 18, Guosheng Science and Technology has disclosed three litigation/arbitration cases (including the above cases), involving a total amount of about 247 million yuan.
Meanwhile, as of October 14, due to debt problems, the shares of Guosheng Science and Technology held by Guosheng Energy were judicially frozen, frozen and marked, totaling 100,678,974 shares, accounting for 92.97% of its holdings and 15.25% of the total equity of listed companies.
On November 4, the 26 million unrestricted tradable shares of Guosheng Science and Technology held by Guosheng Energy will be auctioned for the second time, and the first auction has failed because no one bid within the prescribed time.
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