300266SZSE

Announcement on the Progress of Major Litigation Involving the Company's Subsidiary

✨ AI Summary

This announcement details the progress of a significant arbitration case involving the company's subsidiary, Zhejiang Xingyi Ecological Environment Engineering Co., Ltd. The arbitration ruling requires Zhejiang Xingyi to pay a total of approximately 5.2 million yuan to the claimant, Han Yongjun, along with overdue interest. The company has adequately provisioned for this liability, and the outcome will not significantly impact its profits.

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Full Translation

AI Translation· azure_openai

The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without any false records, misleading statements, or significant omissions.

Important Content Reminder:

  1. Current litigation stage: Closed;
  2. Position of the listed company: Zhejiang Xingyi Ecological Environment Engineering Co., Ltd. is the respondent;
  3. Amount involved in the case: 39.54 million yuan;
  4. Impact on the listed company's profits and losses: The case is a final ruling.

According to the ruling, Zhejiang Xingyi Ecological Environment Engineering Co., Ltd. is required to pay Han Yongjun 5.1953 million yuan for project payments and overdue interest of 1.4676 million yuan (calculated until February 27, 2026; the overdue interest amount after February 28, 2026, will be determined based on the ruling and actual payment conditions); Han Yongjun is required to pay Zhejiang Xingyi Ecological Environment Engineering Co., Ltd. 28,115.50 yuan for case-related expenses.

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