Chenming Paper (01812) recently added a total of 56 new lawsuits due to overdue debts, contract performance disputes, etc.

According to Zhitong Finance App News, Chenming Paper (01812) issued an announcement. From June 12, 2026 to August 13, 2026, the Group added a total of 56 new lawsuits due to overdue debts, contract performance disputes, etc., and the Company responded to all of them as defendants/respondents. The total amount involved in the above cases is RMB 792.8870 million, of which 5 cases have been adjudicated, involving a total amount of RMB 1.771,300; 51 unadjudicated cases, involving a total amount of RMB 79,1715,700.

The amount involved in the single case accounted for more than 10% of the absolute value of the Company's most recent audited net assets, and the absolute amount exceeded RMB 10 million: Hubei Changjiang (Huanggang) Industrial Investment Fund Partnership (Limited Partnership) filed arbitration with the Huanggang Arbitration Commission on a contractual dispute relating to the transfer of shares of the Hubei Changjiang Chenming Huanggang Equity Investment Fund Partnership (Limited Partnership). The amount involved was RMB 326 million; the amount involved was RMB 326 million; CDF Limited filed a dispute with Guangzhou over the contract of Zhanjiang Chenming Pulp & Paper Co., Ltd., a subsidiary of the capital increase holding company The Intermediate People's Court filed a lawsuit. The amount involved was RMB 387.4702 million. As of the date of this announcement, the above two cases have not been tried.

The above lawsuit has not yet advanced the relevant enforcement procedures at this stage, and there is no substantial impact on the company's production and operation. The Group is properly promoting the resolution of relevant litigation and arbitration cases through communication and negotiation, active response to lawsuits, and reaching settlements with creditors. The Company will carry out corresponding accounting treatment in accordance with the requirements of accounting standards and the actual progress of the case, subject to the Company's audited financial report.

Currently, the company's production bases are operating steadily, and the production and operation trend continues to improve. The company will continue to deepen the implementation plan for cost reduction and efficiency, optimize the product structure, deepen market expansion, take more measures to improve operating cash flow, handle law-related matters steadily, and promote the steady and sustainable development of the enterprise.