惠博普: 关于重大仲裁的公告

Core Viewpoint - The arbitration case involving Huayou Huibopu Technology Co., Ltd. and China Energy Construction Group International Co., Ltd. has been accepted by the Beijing Arbitration Commission, with claims of contract violations leading to a demand for compensation totaling approximately $26.33 million [1][2]. Group 1: Arbitration Details - The arbitration was initiated by China Energy Construction Group International Co., Ltd. regarding a contract signed on July 15, 2022, for the implementation of the Mexico Laido Natural Gas Power Plant Project [1]. - The applicant claims that Huayou Huibopu violated the contract and is seeking compensation for losses and project cost overruns [2]. - The Beijing Fourth Intermediate People's Court has issued a preservation order, resulting in the freezing of funds totaling 20.17 million yuan, which is 0.87% of the company's latest audited net assets [2]. Group 2: Company Response - The company has expressed strong condemnation of the applicant's actions and has formed a professional task force to review the facts and evidence related to the case [2][3]. - The company maintains that it has complied with all legal and contractual obligations and believes the arbitration request lacks factual and legal basis [3]. - The company plans to file a counterclaim against China Energy for damages caused by their breach of contract [3]. Group 3: Financial Impact - The company is currently unable to assess the potential impact of the arbitration on its current or future profits, as the case has not yet been heard [4]. - The company will continue to monitor the arbitration's progress and fulfill its information disclosure obligations as required [4].