Shenzhen Tongzhou Electronics Co., Ltd. (002052) recently issued the "Announcement on the Progress of the Company's Major Litigation Matters". The Shenzhen Longgang District Court recently made a first-instance judgment in the case of a dispute between the plaintiff Shenzhen Haofeng Investment and the defendant Shenzhen Shengfeng Real Estate Development and the company's real estate development and operation contract. Shengfeng Real Estate returned the project deposit of 22 million yuan and the interest on overdue payment to the plaintiff Haofeng Investment.
Tongzhou Electronics (ST Tongzhou, 002052) is also facing investors suing the company ** false statement liability dispute case, not long ago the company disclosed that the Shenzhen Intermediate People's Court has accepted a total of 155 investors claim litigation cases, involving a lawsuit amount of 25909350278 yuan. The case was decided in the first instance and the investor won the case. At present, Tongzhou Electronics (ST Tongzhou, 002052) has appealed, and it is still necessary to wait for the result of the second instance of the court.
The court follows the principle of non-prosecution and reminds all injured investors who have ** Tongzhou Electronics (ST Tongzhou, 002052) between April 29, 2016 and October 25, 2019 and after October 26, 2019** or still hold the **, can continue to register to participate in the claim.