Differ Group Auto Limited — Legal Proceedings Report 2024

Nov 21, 2024

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

DIFFER GROUP AUTO LIMITED 鼎豐集團汽車有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 6878)

INSIDE INFORMATION ANNOUNCEMENT IN RELATION TO LITIGATION

This announcement is made by Differ Group Auto Limited (the ‘‘Company’’) pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ‘‘Listing Rules’’) and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board (the ‘‘Board’’) of directors (the ‘‘Directors’’) of the Company wishes to inform the shareholders (the ‘‘Shareholders’’) and potential investors of the Company that, the Company has received a summons and a notice of appearance issued by the Tianjin No.3 Intermediate People’s Court (天津市第三中級人民法院) (the ‘‘Tianjin People’s Court’’), informing that the Tianjin People’s Court has accepted the case filed by Tianjin Binhai Rural Commercial Bank Corporation (‘‘天津濱海農村商業銀行股份有限公司’’) (the ‘‘Plaintiff’’) against the Company and its subsidiaries. The subject matter relates to the dispute over a bank loan agreement entered into between the Plaintiff and Tianjin Free Trade Gancheng Taifeng Technology Limited (天津自貿乾程泰鋒科技有限公司), an indirect wholly-owned subsidiary of the Company with the Company being the guarantor of the bank loan agreement and Longquan Differ Hotel Company Limited (龍泉鼎豐酒 店有限公司), an indirectly wholly-owned subsidiary of the Company, providing security for the bank loan agreement. The amount the Plaintiff claiming against the Company and its subsidiaries is approximately RMB436.9 million. The case is scheduled to be heard on 21 November 2024.

The Company will keep the Shareholders and potential investors of the Company informed of further developments of the case by way of announcement(s) as and when appropriate.

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Shareholders and potential investors of the Company should exercise caution when dealing in the securities of the Company.

By Order of the Board Differ Group Auto Limited FENG Xiaogang Executive Director

Hong Kong, 21 November 2024

• for identification purposes only

As at the date of this announcement, the executive Directors are Dr. FENG Xiaogang and Mr. TONG Lu; the non-executive Director is Mr. KANG Fuming; and the independent non-executive Directors are Mr. CHAN Sing Nun, Mr. LAM Kit Lam and Ms. CHUANG Yin Lam.

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