SUNWARD(SZ:002097) Zhi Tong Cai Jing·2025-08-11 09:20Core Viewpoint - The company has successfully received insurance compensation related to aircraft leasing contracts with Russian clients, significantly impacting its net profit for the previous fiscal year [1] Group 1: Company Actions and Financial Impact - The company's wholly-owned subsidiary signed three aircraft leasing contracts with Russian clients prior to the geopolitical conflict that began in February 2022 [1] - AVMAX has been unable to successfully recover the leased aircraft despite multiple attempts and negotiations due to sanctions affecting the aviation industry [1] - AVMAX reached an agreement with insurance underwriters, including Liberty Group, confirming an insurance claim amount of $29 million, with a net payout of $22.9651 million after deducting legal fees [1] - The company has received the full insurance payout of $22.9651 million, which translates to approximately ¥163.9295 million based on the exchange rate of 7.1382 [1] - After tax deductions, the insurance compensation will positively affect the company's net profit by approximately ¥126.2257 million, accounting for 172.92% of the company's audited net profit attributable to shareholders from the previous year [1]