Core Viewpoint - The company Kexin Co., Ltd. (科恒股份) has initiated a significant lawsuit against Shenzhen LianTeng Technology Co., Ltd. regarding a loan repayment dispute, with the court having accepted the case for processing [1][2]. Group 1: Case Details - Kexin Co., Ltd. provided a loan to Shenzhen LianTeng Technology Co., Ltd. under a loan agreement, which was partially repaid. Subsequently, a repayment agreement was signed to extend the loan term, with a third party, Mo Yewen, promising to bear 49% of the principal repayment responsibility [2]. - As of the latest update, Shenzhen LianTeng Technology Co., Ltd. owes Kexin Co., Ltd. a principal amount of RMB 22.92424 million and interest of RMB 1.8632 million as of December 31, 2022 [2]. - The lawsuit requests the court to order the defendants to repay the principal and interest, along with additional interest calculated from January 1, 2023, and to cover legal fees and litigation costs, totaling approximately RMB 26.84098178 million [2]. Group 2: Impact on the Company - Kexin Co., Ltd. has made a provision for bad debts amounting to RMB 24.1176 million related to the lawsuit against Shenzhen LianTeng Technology Co., Ltd. as per accounting standards [3]. - The impact of this lawsuit on the company's current and future profits remains uncertain until the court hearing takes place, and the company will adjust its accounting treatment based on relevant standards and actual circumstances [3]. - Kexin Co., Ltd. emphasizes its commitment to closely monitor the case's progress and take necessary actions to protect its legal rights while fulfilling its information disclosure obligations [3].
科恒股份涉重大诉讼 涉案金额2684.1万元