司南导航: 关于仲裁的进展公告

Core Viewpoint - The arbitration ruling requires the first respondent to pay a total of RMB 16,242,783.84 to the applicant, Shanghai Sinan Navigation Technology Co., Ltd., in relation to a contract dispute with Mankiaogou Mining [1][4][5] Summary by Sections Arbitration Details - The arbitration was initiated by Shanghai Sinan Navigation Technology Co., Ltd. against Mankiaogou Mining and Ren Dakai, with the claims including a technical service fee of RMB 14,500,000, a penalty of RMB 1,500,000, attorney fees of RMB 229,800, and guarantee fees of RMB 12,983.84 [1][4] - The total arbitration fee of RMB 204,442 is to be borne by both respondents, who are also required to reimburse the applicant for this amount [2][4] Ruling Outcomes - The ruling includes the following payments to be made by the first respondent: - Technical service fee: RMB 14,500,000 - Penalty: RMB 1,500,000 - Attorney fees: RMB 229,800 - Guarantee fees: RMB 12,983.84 - The second respondent is jointly liable for the payments outlined above [4][5] Impact on the Company - The arbitration ruling is final and does not affect the company's daily operations. However, the uncertainty surrounding the execution of the ruling may impact the company's profits in the current and future periods [3][5]