DCWT(03768): The court has sealed the real estate owned by the company in Guandu Town, Kunming, and decided to auction it off through the judicial system.
Dianchi Water Affairs (03768) issued a notice regarding the matter of the company being listed as an execution subject due to legal proceedings. Recently, the company received a notice from the Chenggong District People's Court, which announced that the court had sealed the real estate owned by the company in Kunming City, Guandu Town, Zhongying Township, including building 5, 1st floor, building 10, 1-2 floors, and building 6, 1st floor, and decided to conduct a judicial auction. The company and related rights holders are required to move out of the property before February 10, 2026. If there is any objection or other rights claim, such as lease rights, individuals must submit relevant evidence to the Chenggong District People's Court within 15 days from the date of the court announcement. Failure to do so will be considered as having no objection or rights claim.
DCWT (03768) issued an announcement regarding the company being listed as an executed person due to legal proceedings. Recently, the company received a notice from the Chenggong District People's Court, stating that the court has sealed the real estate owned by the company located at Building 5, 1st floor, Building 10, 1-2nd floor, and Building 6, 1st floor in Zhongying Township, Guandu Town, Kunming City, and decided to conduct judicial auction. The company and related rights holders are required to vacate the above-mentioned properties before February 10, 2026. If there are objections or other rights claims such as leasing rights, individuals are required to submit relevant evidence to the Chenggong District People's Court within 15 days from the date of the court notice. Failure to do so will be considered as no objections or rights claims.
Currently, the company's daily production and operations are running normally. The company will continue to monitor the progress of the events and fulfill its disclosure obligations in accordance with laws and regulations.
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