Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-07-28 23:39Core Viewpoint - The company is currently involved in an arbitration case regarding performance commitment compensation related to its acquisition of a 78.33% stake in Beijing Wanlihong Technology Co., Ltd, with the second hearing scheduled for July 28, 2025 [4][5]. Group 1: Arbitration Details - The arbitration case is at the second hearing stage [2]. - The company is the applicant in the arbitration [3]. - The amount in dispute involves 71,328,842 shares corresponding to a subscription price of 22.76 yuan per share, along with dividends, penalties, legal fees, and arbitration costs [3]. Group 2: Progress of Arbitration - The first hearing took place on December 17, 2024, but did not yield substantial progress [5]. - The second hearing is scheduled for July 28, 2025, following a notice of postponement from the arbitration committee [5]. Group 3: Financial Impact - The outcome of the arbitration remains uncertain, which may affect the company's current and future profits [6]. - The company is committed to actively pursuing the arbitration to protect the rights of all shareholders, especially minority shareholders [6].