SG(SH:600734) Xin Lang Cai Jing·2025-09-22 12:00Core Viewpoint - The company has been involved in a significant lawsuit with a claim amounting to approximately 41.25 million yuan, which represents 17.06% of its latest audited net assets [1][2]. Group 1: Lawsuit Details - The lawsuit was initiated by China Telecom's Kizilsu Kirghiz Autonomous Prefecture branch against the company's subsidiary, Kizilsu Zhongke [2]. - The claim is based on unpaid contract amounts related to a video monitoring project, with the company allegedly owing 41,253,846.23 yuan as of December 31, 2024 [2]. - The lawsuit has not yet gone to trial, and the company has faced a total of 22 legal disputes, with a cumulative amount involved in litigation and arbitration reaching 67.88 million yuan [1][3]. Group 2: Recent Legal Activity - Over the past twelve months, the company and its subsidiaries have been involved in 21 legal disputes, excluding the current lawsuit, with a total amount of 26.63 million yuan [3]. - The company has acted as a plaintiff in cases involving 11.92 million yuan and as a defendant in cases involving 14.71 million yuan [3]. - Specific cases include contract disputes and securities-related claims, with various stages of resolution, including pending arbitration and court decisions [3][4].