FFEC(SH:600203) Shang Hai Zheng Quan Bao·2025-04-18 22:39Core Viewpoint - The company has disclosed a total of 16,972.95 million yuan in cumulative litigation and arbitration matters, which exceeds 10% of its latest audited net assets [2][3]. Group 1: Cumulative Litigation and Arbitration - The total amount involved in litigation and arbitration is 16,972.95 million yuan, with 1,446.81 million yuan as the amount where the company and its subsidiaries are defendants/applicants, and 15,526.14 million yuan as the amount where the company and its subsidiaries are plaintiffs/applicants [2][3]. - The company has not identified any single litigation or arbitration case with an amount exceeding 10% of its latest audited net assets and over 1,000 million yuan [3][6]. Group 2: Specific Case Details - The specific case involves Shenzhen Wangxin Precision Industry Co., Ltd. being sued by Guangdong Yinuo Communications Co., Ltd. for a total of 455.97 million yuan due to breach of contract related to delayed or undelivered goods [3][4]. - The claims in this lawsuit include: 1. Payment of 150 million yuan as penalty for breach of the procurement supply guarantee agreement [4]. 2. Payment of 150 million yuan as penalty for breach of the material quality guarantee agreement [4]. 3. Payment of 52.97 million yuan for mold verification costs [4]. 4. Payment of 100 million yuan for other economic losses, including but not limited to inventory losses [5]. 5. Payment of 3 million yuan for legal fees [5]. 6. All litigation costs will be borne by the defendant [5]. Group 3: Impact on Company Profit - The company currently cannot determine the impact of these litigation cases on its current or future profits, as some cases have not yet been heard and no final judgments have been made [3][6].