SHGBIT(SH:603918) Zheng Quan Zhi Xing·2025-07-07 16:23Core Viewpoint - The company is involved in multiple lawsuits against Evergrande New Energy, with a total claim amounting to RMB 68,755,154.93, and the financial implications of these lawsuits are being assessed as the company has made provisions for asset impairment [1][2][6]. Group 1: Lawsuit Overview - The company filed lawsuits on November 25, 2022, against three entities of Evergrande New Energy, with a total claim amount of RMB 68,755,154.93 [2]. - As of June 30, 2024, two of the lawsuits have concluded execution due to the lack of assets from the defendants [2]. - The company has the right to request the court to resume execution if any assets are discovered in the future [2]. Group 2: Bankruptcy Reorganization - The Guangzhou Intermediate People's Court accepted the bankruptcy reorganization case of Evergrande New Energy on August 2, 2024, appointing a law firm as the administrator [3]. - The reorganization plan includes a debt repayment scheme that prioritizes certain claims, with cash payments to be made within three months of the plan's approval [4]. Group 3: Financial Impact - The company has recognized a total asset impairment provision of RMB 38,328,700 as of December 31, 2024, related to the lawsuits [6]. - The expected recovery from the lawsuits is estimated to be approximately RMB 21,198,700, which may reverse part of the previously recognized impairment [6]. - The actual impact on the company's profits remains uncertain until the final audit results are available [6].