Daqo Energy(SH:688303) Xin Lang Cai Jing·2025-09-11 11:10Core Viewpoint - Xinjiang Daqian New Energy Co., Ltd. is currently involved in a lawsuit where it is the defendant, with the case now in the retrial phase of the first instance [1][3]. Group 1: Case Background - In January 2024, Daqian Energy entered the litigation process regarding a contract dispute with Xinjiang Xian'an New Materials Co., Ltd. and Xinjiang Dengbo New Energy Co., Ltd. [1] - During the first trial, the plaintiff modified and withdrew some of its claims. In July 2024, the court ruled that Daqian Energy must compensate the plaintiff a total of 3.1581 million yuan for factory rent, personnel salary losses, and legal fees [1]. - The plaintiff appealed the first-instance judgment in August 2024, with the appeal amounting to approximately 1.848 billion yuan. In March 2025, the case was sent back for retrial due to the first-instance court's failure to clarify facts related to the termination of the business cooperation agreement [1][2]. Group 2: Retrial Judgment - The retrial judgment confirmed that the rights and obligations under the business cooperation agreement between the plaintiff and Daqian Energy terminated on December 31, 2023 [2]. - Daqian Energy is ordered to pay the plaintiff a total of 3.2971 million yuan, which includes 2.9971 million yuan for factory rent and personnel salary losses, and 300,000 yuan for legal fees, to be paid within ten days of the judgment becoming effective [2]. - The court dismissed other claims made by the plaintiff, and the plaintiff is to be refunded 7.0583 million yuan in excess court fees [2]. Group 3: Impact on the Company - The company stated that the financial impact of the judgment will not adversely affect its daily operations or its current and future profits [3]. - As the retrial judgment is still within the appeal period and has not yet taken effect, the final outcome remains uncertain, and the company will disclose further information as the situation progresses [3].