Core Viewpoint - The arbitration case involving Shenzhen Youfang Technology Co., Ltd. has reached a final ruling, with the company as the applicant seeking payment from Shenzhen Innovation Technology Co., Ltd. for outstanding debts and associated costs [1][2]. Summary by Sections Arbitration Status - The arbitration is at the final ruling stage, with the company acting as the applicant [1]. - The amount in dispute includes a principal payment of RMB 33,383,868 and interest, along with other costs such as legal fees, arbitration fees, and property preservation costs [1]. Arbitration Ruling - The ruling mandates the respondent to refund the principal amount and pay interest calculated at a daily rate of 0.01% until the principal is fully paid [2]. - The respondent is also required to compensate the applicant for legal fees of RMB 135,000, preservation fees of RMB 5,000, and preservation guarantee fees of RMB 17,359.50 [2]. - The arbitration fee of RMB 307,740 is to be borne by the respondent, who must pay this amount directly to the applicant within fifteen days of the ruling [2]. Impact on Company Profits - The actual execution of the arbitration ruling remains uncertain, and thus the impact on the company's current and future profits cannot be determined at this time [2]. - The arbitration is viewed as a legitimate effort by the company to assert its rights and protect the interests of the company and its shareholders, without affecting normal business operations [2].
有方科技: 有方科技:关于公司仲裁的进展公告