正元地信: 正元地信涉及诉讼的公告

Core Viewpoint - The company, Zhengyuan Geographic Information Group Co., Ltd., has filed a lawsuit against the Fuyang Urban and Rural Construction Bureau for unpaid contract amounts totaling RMB 30,829,659.00, with the case currently in the first instance of court proceedings [1][2][3]. Group 1: Lawsuit Details - The lawsuit was initiated due to the Fuyang Urban and Rural Construction Bureau's failure to pay the remaining contract amount after the project was completed and accepted on November 3, 2017 [3]. - The total contract amount was RMB 79,255,800.00, which included construction fees of RMB 40,955,800.00 and operational service fees of RMB 38,300,000.00 [2][3]. - The company has made multiple attempts to resolve the payment issue with the defendant but has not received a satisfactory response, leading to the legal action [3]. Group 2: Financial Implications - As of May 31, 2025, the company has made a provision for bad debts amounting to RMB 8,103,979.16 related to the receivables from the Fuyang Urban and Rural Construction Bureau [1][4]. - The outcome of the lawsuit remains uncertain, and the actual financial impact will depend on the court's ruling; if receivables are recovered, it could positively affect the company's net profit [4]. - Conversely, if the receivables are not recovered, there is a risk of needing to fully provision for the remaining unprovided receivables, which could adversely affect the company's performance in the current or future periods [4].