000727SZSE

Announcement on Cumulative Litigation and Arbitration Situations

TPV Technology Co., Ltd.··3 pages

✨ AI Summary

This announcement details the cumulative litigation and arbitration cases involving the company and its subsidiaries over the past twelve months, totaling 364.2 million yuan, which is 12.23% of the latest audited net assets. The company has reached a settlement in a significant case with DivX, agreeing to pay 38.5 million USD. No other undisclosed litigation or arbitration matters exist, and the company will continue to protect its and investors' rights.

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Full Translation

AI Translation· azure_openai

The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions. According to the "Shenzhen Stock Exchange Stock Listing Rules" and other relevant regulations, the cumulative amount of litigation and arbitration cases involving the company and its controlling subsidiaries over the past twelve months has reached the information disclosure standard. The relevant situation is announced as follows:

Basic Situation of Cumulative Litigation and Arbitration Cases

As of the date of this announcement, the total amount of litigation and arbitration cases involving the company and its controlling subsidiaries over the past twelve months is 364.2 million yuan, accounting for 12.23% of the company's latest audited net assets (as of December 31, 2024). Among these, the amount involved in cases where the company and its controlling subsidiaries are plaintiffs totals 13.23 million yuan, accounting for 3.63% of the total amount of cumulative litigation and arbitration cases; the amount involved in cases where the company and its controlling subsidiaries are defendants or third parties totals 350.97 million yuan, accounting for 96.37% of the total amount of cumulative litigation and arbitration cases. There are no significant litigation or arbitration matters where the amount involved exceeds 10 million yuan and accounts for more than 10% of the absolute value of the company's latest audited net assets.

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