Core Viewpoint - The company is involved in a significant lawsuit concerning a dispute over a cooperation agreement related to a real estate project, with potential financial implications pending the outcome of the enforcement proceedings [1][2]. Group 1: Lawsuit Details - The company's wholly-owned subsidiary, Zhongxing Real Estate, filed a lawsuit in 2024 against Hangzhou Songdu Real Estate Group and others, seeking payment of equity repurchase funds amounting to 180 million yuan and investment returns of 50.04 million yuan [1]. - The first-instance judgment ordered Hangzhou Songdu Real Estate Group to pay the specified amounts within ten days, with additional interest calculated at an annual rate of 12% until payment is completed [1]. - Hangzhou Songdu Real Estate Group subsequently appealed the decision, but the intermediate court upheld the original ruling, making it final [2]. Group 2: Enforcement Application - Following the final judgment, Zhongxing Real Estate applied for compulsory enforcement of the ruling, and the court has accepted the case [2]. - The enforcement application requests the court to compel Hangzhou Songdu Real Estate Group to pay the owed amounts and hold the other defendants jointly liable for the payment obligations [2]. Group 3: Impact on the Company - The current status of the enforcement application is still in the acceptance phase, and the final execution outcome remains uncertain, making it impossible to predict the impact on the company's profits for the current and future periods [3]. - The company is committed to taking all necessary measures to protect its and its shareholders' legal rights [3].
ST数源: 关于子公司重大诉讼进展暨申请强制执行的公告