Summary of Key Points Core Viewpoint - The company, Shenzhen Yinbao Shanjin Technology Co., Ltd., has disclosed updates regarding ongoing litigation and arbitration matters, indicating that it is actively managing its legal affairs and ensuring compliance with relevant regulations [1]. Group 1: Litigation and Arbitration Progress - The company has organized and reviewed ongoing litigation and arbitration cases involving itself and its subsidiaries, with details provided in an attached document [1]. - As of the announcement date, there are no undisclosed litigation or arbitration matters involving the company or its subsidiaries [1]. Group 2: Impact of Litigation on the Company - The outcomes of the ongoing litigation matters have not yet been determined, making it impossible to assess their impact on the company's current or future profits [1]. - The company will continue to monitor its litigation and arbitration cases and will fulfill its information disclosure obligations as required by the Shenzhen Stock Exchange [1]. Group 3: Specific Cases and Financial Implications - A notable case involves a judgment requiring BYO Company to pay the company a total of approximately $1,859,781.20, which includes damages and litigation costs [1]. - Another case involves a claim for payment of approximately 9,794,317.11 yuan plus interest, with ongoing proceedings in the court [3]. - The company has also reported smaller litigation cases totaling approximately 22.61 million yuan, which do not meet the threshold for major litigation disclosure [5].
银宝山新: 关于诉讼、仲裁事项的进展公告