Securities Code: 300670
Securities Abbreviation: Daye Intelligent
Announcement No.: 2026-034
Jiangsu Daye Intelligent Electric Co., Ltd.
Announcement on Progress of Litigation
The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
Key Content提示:
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Litigation Stage: Second-instance judgment.
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Party Status of the Listed Company: Wholly-owned subsidiary Daye New Energy is the appellant (original plaintiff) in [(2024) Su Min Zhong No. 1570, (2024) Su Min Zhong No. 1576]; the Company is the appellee (original defendant), and wholly-owned subsidiary Daye New Energy is the appellant (original defendant) in [(2024) Su Min Zhong No. 1573].
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Amounts Involved:
(1) Case (2024) Su Min Zhong No. 1570, corresponding to first-instance case (2022) Su 72 Min Chu No. 950: Daye New Energy's total claim amount was RMB 80.2237 million. The effective judgment ruled that the six defendants (Huajing Gengfu and its six affiliated companies) shall compensate Daye New Energy for maintenance fees, crane removal fees, and estimated loss of profits, totaling RMB 21,502,047.71.
(2) Case (2024) Su Min Zhong No. 1573, corresponding to first-instance case (2023) Su 72 Min Chu No. 273: Huajing Gengfu's claim was for the payment of the remaining principal of RMB 103.8 million and corresponding interest. The effective judgment ruled that Daye New Energy shall pay Huajing Gengfu RMB 72,498,400 and corresponding interest.
(3) Case (2024) Su Min Zhong No. 1576, corresponding to first-instance case (2023) Su 72 Min Chu No. 139: Daye New Energy's claim for losses due to unissued VAT invoices amounted to RMB 33.5929 million. The effective judgment rejected all of Daye New Energy's claims.
- Impact on the Company's Profit and Loss: The litigation judgment is a second-instance judgment. According to preliminary calculations by the Company's finance department, it is expected to increase the Company's total profit for the first half of 2026 by approximately RMB 20 million. The Company will make corresponding accounting treatment in accordance with the provisions of accounting standards and the execution of the judgment. The final accounting treatment and impact amount shall be subject to the results confirmed by the auditors. The Company will fulfill its information disclosure obligations in a timely manner based on the progress of the litigation. Investors are advised to invest rationally and be aware of investment risks.