Luenmei Quantum (SH:600167) Mei Ri Jing Ji Xin Wen·2025-09-26 14:59Core Viewpoint - Lianmei Holdings disclosed that its subsidiary, Shandong Heze Fulin Thermal Technology Co., Ltd. (Fulin Thermal), is involved in two coal procurement lawsuits, resulting in the freezing of part of its bank account funds totaling 6.38 million yuan [2][3]. Group 1: Lawsuit Details - The first lawsuit involves Xiamen Baimei Energy Co., Ltd., which claims Fulin Thermal owes 1.88 million yuan for 2,999.46 tons of coal supplied between February 28 and March 15, 2025 [3][4]. - The second lawsuit is from Yan'an Changli Energy Co., Ltd., which demands payment of 4.09 million yuan for 4,981.5 tons of coal supplied in September 2024, along with additional penalties and fees [4][5]. Group 2: Financial Impact - The total amount frozen from Fulin Thermal's fundraising account is 6.38 million yuan, leaving only 2.37 million yuan available in the account as of September 25, 2025 [5][6]. - The frozen funds are linked to a completed fundraising project for acquiring a 66% stake in Fulin Thermal, which was finalized in April 2025 [6]. Group 3: Company Position - Lianmei Holdings asserts that the lawsuits stem from normal business operations and have not significantly impacted Fulin Thermal's production activities [6]. - As of June 30, 2025, Lianmei Holdings reported total assets of 16.49 billion yuan and a net profit of 524 million yuan for the first half of 2025, indicating that the disputed amounts are relatively minor compared to the company's overall financials [6].