CHANGHONG(SH:600839) Zheng Quan Shi Bao Wang·2025-07-11 05:31Legal Dispute Update - Sichuan Changhong's subsidiary, Changhong Jiahua, is involved in a legal dispute with Suning, with the case amount exceeding 890 million yuan [1] - The first instance ruling ordered Suning to pay 722 million yuan in principal and 173 million yuan in funds occupation fees, with additional interest calculated based on the loan market rate [2][3] - Suning has appealed the first instance ruling, and the case is currently in the second instance stage [2][3] Financial Performance - Sichuan Changhong announced a cash dividend of 0.05 yuan per share, totaling 231 million yuan, with a payout ratio of 65.62% of the net profit for 2024 [4] - The company reported a revenue of approximately 103.7 billion yuan for 2024, a 6.4% increase year-on-year, and a net profit exceeding 700 million yuan, up 2.3% [4] - For the first half of 2025, the company expects a net profit of 439 million to 571 million yuan, representing a year-on-year increase of approximately 56.53% to 103.59% [4] Strategic Outlook - The company aims to enhance its competitive advantages and optimize operational efficiency in response to a complex macro environment and market competition [5]