STS(SH:603322) Mei Ri Jing Ji Xin Wen·2025-07-31 14:19Core Viewpoint - The company, Supercom (603322.SH), is facing legal challenges that have resulted in the freezing of bank accounts amounting to 1.82 billion yuan, primarily due to disputes related to business contracts with its subsidiary and other companies [1][4]. Group 1: Legal Issues - Supercom's subsidiary, Supercom (Guangzhou) Network Equipment Co., Ltd., is involved in a lawsuit with Xintang Zhichuang (Zhejiang) Electronic Technology Co., Ltd. regarding unpaid invoices totaling 89.94 million yuan, with an additional penalty of 17.37 million yuan requested [2][3]. - The company has been requested to assume joint liability for the debts of its subsidiary due to its status as the sole shareholder [2][3]. - The freezing of bank accounts is a procedural measure in the ongoing litigation and does not reflect a final judgment on the company's rights and obligations [5]. Group 2: Financial Impact - The total amount requested for freezing due to various lawsuits is 1.82 billion yuan, which represents 79.81% of the company's latest audited net assets [4]. - As of July 30, the actual amount frozen in bank accounts is 22.48 million yuan, accounting for 9.85% of the company's net assets [4]. - The company has indicated that the freezing of accounts has not yet caused significant adverse effects on its normal operations and management [4][5]. Group 3: Future Actions - Supercom is actively communicating with involved parties to resolve disputes and aims to lift the freezing measures on its bank accounts [5]. - The company plans to assert its legal rights and take necessary legal actions to address the ongoing issues [5].