LJRB(SH:600853) Zheng Quan Zhi Xing·2025-07-04 16:12Core Viewpoint - The announcement details the ongoing litigation involving the company's subsidiary, highlighting the execution of a civil judgment and the financial implications of the case [1][10][13]. Group 1: Litigation Overview - The company’s subsidiary, Heilongjiang Longjian Road and Bridge Fifth Engineering Co., Ltd., has initiated legal proceedings against Jilin Changcheng Road and Bridge Construction Co., Ltd. [2] - The case involves a civil judgment where the court has ruled in favor of the subsidiary, confirming a debt of 11,418,863.00 yuan plus interest, along with additional fees totaling 17,313.00 yuan [10][12]. - The court has issued an execution order to seize funds owed to the defendant from a third party, amounting to 5,463,228.36 yuan, which has been partially received by the subsidiary after deducting execution fees [3][4]. Group 2: Current Status and Financial Impact - The execution of the judgment has faced complications, with the court unable to dispose of certain seized properties due to ongoing legal issues involving the defendant [4][10]. - The company acknowledges the uncertainty surrounding the execution process and its potential impact on current and future profits, stating that it cannot yet determine the financial effects until the final audit results are available [13]. - The company will continue to monitor the situation and maintain communication with the defendant to protect its legal rights [13].