WANLIN LOGISTICS(SH:603117) Zheng Quan Zhi Xing·2025-07-22 16:04Core Viewpoint - Jiangsu Wanlin Modern Logistics Co., Ltd. is involved in an arbitration case with Shanghai Mindai Industrial Co., Ltd. regarding a sales contract dispute, with a total amount in question of 48 million yuan [1][2][3] Summary by Sections Arbitration Case Overview - The arbitration case is at the final ruling stage, with the company being one of the respondents [1] - The involved amount is 48 million yuan [1] - The company has previously recognized liabilities and estimated liabilities totaling 52.6975 million yuan based on prudence principles [1][3] Arbitration Ruling Details - On July 22, 2025, the company received the arbitration ruling which includes: - The first respondent, the wood industry park, must return 48 million yuan to Mindai Industrial within 15 days [3] - The wood industry park must also pay a usage fee calculated at an annual interest rate of 3.65% from May 31, 2023, until the actual payment date [3] - The second respondent, Huang Baozhong, bears joint guarantee responsibility for the payments [3] - The arbitration fee of 364,395 yuan is to be jointly borne by the wood industry park and Huang Baozhong [3] Impact on Company Financials - The company will adjust its financials according to the arbitration ruling, which will result in a reversal of estimated liabilities by 675,500 yuan, thus increasing the company's profit for the first half of 2025 by the same amount [3][4]