300367SZSE

Announcement on Cumulative New Litigation and Arbitration Situations

Netpower Technology Co., Ltd.··3 pages

✨ AI Summary

This announcement reports the cumulative new litigation and arbitration cases involving the company and its subsidiaries, totaling approximately RMB 164.55 million. The report includes details of various disputes, primarily contract-related, with several cases still pending in court. The company emphasizes its commitment to protecting shareholder rights and will disclose further developments as required.

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Full Translation

AI Translation· azure_openai

Oriental Netpower Technology Co., Ltd. (hereinafter referred to as "the Company") has compiled statistics on cumulative new litigation and arbitration matters involving the Company and its subsidiaries, in accordance with the relevant provisions of the "Shenzhen Stock Exchange GEM Stock Listing Rules (Revised December 2020)." The specific situation is announced as follows:

I. Cumulative New Litigation and Arbitration Matters

As of the date of this announcement, the total amount of new litigation, arbitration, and labor dispute cases involving the Company and its subsidiaries is RMB 164,548,286.99 (excluding amounts not yet clearly defined and amounts from previously disclosed cases). The specific details are as follows:

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