ZYSC(SH:600280) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-08-16 06:04Core Viewpoint - The company is currently involved in a construction contract dispute, with a lawsuit filed by Suzhou Jintanglang Architectural Decoration Co., Ltd. regarding unpaid project funds, which may impact the company's financial performance in the future [2][3][8]. Summary of Relevant Sections Lawsuit Details - The lawsuit is a construction contract dispute initiated by Suzhou Jintanglang against the company's subsidiary, Hai'an Runlong Commercial Management Co., Ltd., and two other defendants, with the case being accepted by the Hai'an People's Court [2][4]. - The amount in dispute is approximately 30,996,334.41 yuan [4]. Background of the Case - The dispute arises from a series of contracts signed in January 2024 for the "Hai'an Yurun Xirun City Project," where Suzhou Jintanglang was contracted for design and construction work [5]. - As of January 19, 2025, Hai'an Runlong had only paid 30,633,020.91 yuan of the 47,731,301.31 yuan owed, leaving an outstanding balance of 17,098,280.40 yuan [5]. Claims and Requests - Suzhou Jintanglang is seeking to confirm the termination of contracts with the defendants and demands payment of 29,031,105.73 yuan, along with overdue interest calculated from December 25, 2024 [7]. - The total claimed damages due to breach of contract amount to 1,616,963.36 yuan, which includes various costs incurred by Suzhou Jintanglang [7]. Impact on the Company - The lawsuit has just been accepted and has not yet gone to trial, making the impact on the company's current or future profits uncertain [6][8].