SBT(SH:600608) Xin Lang Cai Jing·2025-09-29 12:44Core Points - *ST沪科 has made significant progress regarding the forced liquidation of its supplier and related litigation [1] - The company received a notice indicating a distribution of 5.5% of the first and interim repayment to recognized ordinary creditors, amounting to a total cash payment of 1,872,028.94 HKD [1] - The Shanghai Minhang District People's Court ruled that the defendant Yan Fei is liable for debts owed to *ST沪科 and its subsidiary Shanghai Yixuan, totaling 3,324,642.45 USD and 3,312,421.27 CNY, along with additional liabilities for delayed payments [1] Financial Impact - The cash repayment from Hong Kong Petrochemical's forced liquidation is not yet finalized, making it difficult for the company to assess its impact on current or future profits [2] - The impact of the litigation progress on the company's profits will be determined based on the execution of the court ruling [2] - The company will conduct accounting treatment according to the court ruling execution and accounting standards, with final amounts subject to confirmation by auditors [2]