DYRS(SZ:002713) Zheng Quan Shi Bao Wang·2024-10-22 17:54Summary of Key Points Core Viewpoint - The company has reported new litigation and arbitration matters that cumulatively exceed 10% of its latest audited net assets, amounting to approximately RMB 22.34 million [1][3]. Group 1: New Litigation and Arbitration Matters - The total amount involved in the newly reported litigation and arbitration matters is approximately RMB 22.34 million, which exceeds 10% of the company's latest audited net assets [1]. - A significant case involves a loan contract dispute where the plaintiff, Beijing Bank Co., Ltd. Xiong'an Branch, is seeking repayment of the principal amount of RMB 10 million and associated interest from the defendant, Dongyi Risheng Smart Home Technology Co., Ltd. [1][2]. - The case is currently accepted by the People's Court of Rongcheng County, Hebei Province, and has not yet gone to trial [3]. Group 2: Details of the Loan Dispute - The loan agreement was signed on September 11, 2023, with a maximum credit limit of RMB 10 million, of which RMB 10 million was disbursed [1]. - The defendant has made partial interest payments totaling RMB 287,954.49, with additional interest of RMB 86,555.56 due by August 5, 2024, and compound interest of RMB 178.48 [1]. - Dongyi Risheng Home Decoration Group Co., Ltd. is liable for joint repayment of the debts incurred by its wholly-owned subsidiary, Dongyi Risheng Smart Home Technology Co., Ltd., under the Company Law [2]. Group 3: Potential Impact on Financials - As of the announcement date, the case has not been heard, and no legally binding judgment has been made, making it difficult for the company to assess the potential impact on current or future profits [3]. - The company will follow relevant accounting standards and actual circumstances for any necessary accounting treatment and will fulfill its information disclosure obligations as required [3].