春兴精工: 关于子公司元生智汇仲裁事项的公告

Core Viewpoint - The announcement details an arbitration case involving Suzhou Chunxing Precision Industry Co., Ltd.'s subsidiary, Yuansheng Zhihui, which has received a notice from the Fuzhou Arbitration Commission regarding a rental and tax dispute with Ding Sheng Investment Co., Ltd. [1][2] Arbitration Case Details - The arbitration case is initiated by Ding Sheng Investment Co., Ltd. against Yuansheng Zhihui, concerning unpaid rent and taxes amounting to CNY 30.1 million and CNY 3,566,972.34 respectively [2][3] - The rental agreement stipulates a monthly rent of CNY 1.8 million, with penalties for late payments [1][2] Potential Impact on the Company - The specific impact of the arbitration on the company's current or future profits remains uncertain, with potential significant adverse effects on cash flow if Yuansheng Zhihui loses the case [3][4] - The company and its subsidiary have provided guarantees for the obligations of Yuansheng Zhihui, which could increase financial pressure if the arbitration results in a loss [3][4] Disclosure and Communication - The company has disclosed the arbitration case and its implications through various announcements on designated information platforms, ensuring transparency with investors [4]