ST八菱: 关于诉讼事项的进展公告

Group 1 - The core issue involves a contract dispute between Impression Dinosaur Cultural Art Co., Ltd. and Guilin Dinosaur Valley Cultural Technology Co., Ltd., along with other parties, regarding the failure to complete theater construction as per the cooperation agreement [1][3] - The first-instance court ruled against Impression Dinosaur's claims, leading to an appeal to the Guangxi High Court [1][3] - The Guangxi High Court has recently issued judgments and rulings on both cases, including the annulment of the first-instance court's decisions and remanding the cases for retrial [4][5] Group 2 - The Guangxi High Court determined that the cooperation agreement could not be continued due to a contractual deadlock, thus ruling for its termination [4][5] - The court's ruling does not immediately resolve issues related to breach of contract and damages, which will require further examination by the first-instance court [4][5] - The company has stated that the judgment to terminate the cooperation agreement will not affect its main business operations, but the implications of the ruling on profits remain uncertain pending further legal proceedings [6]