002786SZSE

Progress Announcement on Major Litigation and Other Litigation and Arbitration Matters

✨ AI Summary

Shenzhen YB Technology Co., Ltd. reports that it has reached an execution settlement in a major litigation case with Harbin Light Brothers Technology Development Co., Ltd., involving a total amount of 6,619,675 yuan. The company has withdrawn its execution application, and the settlement will not negatively impact its operations or financial results. The company will continue to monitor and disclose any further litigation developments.

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Full Translation

AI Translation· azure_openai

Shenzhen YB Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or major omissions.

Important Content Reminder:

  1. Stage of major litigation case: Both parties have reached an execution settlement and are currently performing it. The Company has withdrawn its execution application.
  2. Status of the listed company: Plaintiff in the original case, defendant in the counterclaim, and applicant for execution.
  3. Amount involved in the major litigation case: The execution settlement amount is 6,619,675 yuan.
  4. Impact on the Company's profits and losses: There will be no impact on the Company's normal production and operations, nor will it have a negative impact on the Company's profits and losses. The Company will conduct corresponding accounting treatment in accordance with the progress of the execution settlement and the requirements of enterprise accounting standards. Investors are advised to pay attention to risk warnings, make cautious decisions, and be aware of investment risks.

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