JINDUN(SZ:300411) Mei Ri Jing Ji Xin Wen·2025-08-27 14:14Core Viewpoint - The Zhejiang Jindun Fan Co., Ltd. (Jindun Shares) has successfully overturned a previous court ruling that held the company liable for damages in a civil loan dispute, restoring its creditworthiness and stabilizing its operations after a prolonged legal battle [1][5][8]. Group 1: Legal Proceedings and Outcomes - The Zhejiang Provincial High Court allowed the investment company and individual Zhang to withdraw their lawsuits against Jindun Shares, nullifying the previous ruling that imposed liability on the company for mismanagement [1][8]. - The original lawsuits stemmed from debts incurred by former chairman Zhou Jianzan, who committed suicide in 2018, leading to significant financial distress for Jindun Shares [2][3]. - The initial court rulings had ordered Jindun Shares to pay a total of 140 million yuan in damages, which severely impacted the company's market confidence and operations [3][4][6]. Group 2: Financial Impact and Recovery - Following the legal resolution, Jindun Shares has seen a recovery in its business operations, with a reported net profit increase of 21.5% in the first quarter of 2025, despite a 19.6% decline in revenue [9][10]. - The company's stock price has risen nearly 15% over the past two months, reflecting improved market sentiment and recovery from previous legal challenges [11]. - As of the end of the first quarter, Jindun Shares reported total assets of 1.43 billion yuan, a decrease of 3.1% from the previous year, while equity attributable to shareholders increased by 1.3% [10][11].