金科环境: 金科环境：关于诉讼进展的公告

Core Viewpoint - The company is currently involved in a legal dispute with Wuxi Huishan Environmental Water Co., Ltd., with a court ruling requiring the company to refund approximately RMB 19.31 million and pay corresponding interest, which may impact the company's financial performance in the current or future periods [2][4][7] Summary by Sections Litigation Status - The case is at the stage of retrial of the first-instance judgment [2] - The company is the defendant (and counterclaimant) in this lawsuit [2] - The amount involved in the case is RMB 19,310,445.68, which the company is ordered to refund [2][4] Company’s Position and Actions - The company plans to appeal the judgment within fifteen days of receiving the ruling [2][4] - The company has made provisions for expected liabilities and inventory impairment in 2022 and 2023, indicating a cautious approach to potential financial impacts from the lawsuit [7] Background of the Lawsuit - The lawsuit was initiated by China Energy Conservation Water Engineering Co., Ltd. (referred to as "Zhongjie Neng") with claims totaling approximately RMB 33,178,787.89 [2][3] - The original court ruling was challenged by the company, which sought to transfer jurisdiction to the Guiyang Intermediate People's Court [3] Recent Developments - The Guiyang Intermediate People's Court has determined that the original judgment was based on unclear facts and has sent the case back for retrial [4] - The retrial is set to begin on October 21, 2024, with the company applying for an appraisal regarding the reasons for the underperformance of the MBR membrane system [5][6] Financial Implications - The ongoing litigation may affect the company's current or future profits, but the exact impact remains uncertain pending the final judgment and annual audit confirmation [7]