湘财股份: 湘财股份关于子公司诉讼事项的进展公告

Core Viewpoint - The company is currently involved in two lawsuits, with the second instance court overturning the first instance judgment and sending the case back for retrial, creating uncertainty regarding the financial impact on the company [1][2]. Group 1: Lawsuit Details - The lawsuits involve a total amount of 342,900,000 yuan and related interest [1]. - The company’s subsidiary, Xiangcai Securities, is the appellant in these cases [1]. - The second instance court found that the first instance court had unclear basic facts and applied the law incorrectly [2]. Group 2: Financial Implications - Xiangcai Securities has fully accrued a provision for liabilities amounting to 233,398,471.18 yuan for the 2024 fiscal year based on the first instance judgment [1][2]. - The final outcome of the retrial remains uncertain, making it difficult to assess the impact on the company's current and future profits [1][2]. Group 3: Company Actions - The company will closely monitor the progress of the lawsuits and fulfill its information disclosure obligations in a timely manner [2][3]. - The company emphasizes the importance of legal measures to protect its and investors' rights [3].