Lead Power(SZ:300530) Ju Chao Zi Xun·2025-07-02 03:07Core Viewpoint - Hunan Lingpai Technology Group Co., Ltd. announced the latest developments regarding a lawsuit filed by its wholly-owned subsidiary, Hunan Lingpai Lithium Energy Co., Ltd., against Liuzhou Keyi Power Technology Co., Ltd. and Beijing Keyi Power Technology Co., Ltd. for breach of contract [2] Summary of Relevant Sections Lawsuit Background - Hunan Lingpai filed a lawsuit against Liuzhou Keyi for breach of contract, seeking a court order for Beijing Keyi to bear joint liability for compensation. The company requested the court to confirm that Liuzhou Keyi and Beijing Keyi repay a total of 28.32 million yuan and pay a penalty of 775,300 yuan, along with litigation and property preservation costs [3] Appeal and Retrial Situation - Lingpai Technology was dissatisfied with the first-instance judgment and appealed to the Intermediate People's Court of Hengyang City, requesting confirmation of the repayment amount and an increased penalty of 1.57 million yuan. In October 2024, the court annulled the original judgment and sent the case back to the first-instance court for retrial [4] Retrial Judgment - Recently, the first-instance court made a retrial judgment, ordering Liuzhou Keyi to pay 28.32 million yuan plus overdue interest calculated at an annual rate of 4.745% from April 1, 2023, until actual repayment. Beijing Keyi is jointly liable for Liuzhou Keyi's debt. The total case acceptance fee and property preservation application fee amounted to 206,325 yuan, with Liuzhou Keyi and Beijing Keyi responsible for 198,795 yuan, while Hunan Lingpai bore 7,530 yuan [5]