TUS-EST(SZ:000826) Shang Hai Zheng Quan Bao·2025-09-12 18:48Core Viewpoint - The company, Qidi Environment Technology Development Co., Ltd., is currently facing significant legal challenges, with a total of 50.16 billion yuan in unresolved litigation and arbitration cases, which represents 208.85% of its latest audited net assets [2][6]. Group 1: Litigation and Arbitration Status - The company and its subsidiaries have accumulated unresolved litigation and arbitration cases amounting to 50.16 billion yuan, which includes 6.71 billion yuan from administrative lawsuits and construction disputes, and 43.45 billion yuan from being defendants in various cases [2][6]. - A recent civil mediation agreement was reached with Huaxia Financial Leasing Co., Ltd., where the company and a subsidiary agreed to pay a total of approximately 70.78 million yuan in rent and related fees by December 7, 2028 [3][4][5]. - The company has pending execution amounts totaling approximately 62.60 billion yuan from previous cases that have reached judgment or settlement [7]. Group 2: Financial Implications - The total amount of unresolved litigation and arbitration cases poses a significant financial burden on the company, impacting its liquidity and overall financial health [10]. - The company has been listed as a dishonest executor due to failure to timely pay certain amounts from previous judgments, which may further complicate its financial situation [8][9]. Group 3: Company Actions - The company is actively working to strengthen its receivables collection and asset disposal measures to mitigate litigation risks and fulfill judgment obligations [2][10]. - The company will continue to disclose information regarding the progress of litigation in accordance with regulatory requirements, urging investors to remain vigilant [10].