SUNYES(SZ:002388) Shang Hai Zheng Quan Bao·2025-09-29 21:40Core Viewpoint - The announcement details the ongoing litigation involving Xinya Process (Zhejiang) Co., Ltd. and its subsidiary, highlighting the company's legal disputes related to a share transfer agreement and the potential financial implications of these lawsuits [1][3][10]. Group 1: Litigation Details - Case One: The Guangdong Zhuhai Intermediate People's Court has accepted the case, with a total amount involved of RMB 50,308.70 million, and the court has yet to hold a hearing [2][5]. - Case Two: The plaintiff has applied to withdraw the lawsuit, and the Zhejiang Quzhou Intermediate People's Court has issued a civil ruling regarding this withdrawal [2][3]. - The company and its subsidiary are plaintiffs in both cases, with the disputes arising from a share transfer agreement with Ningbo Yongchuan Investment Co., Ltd. [3][5]. Group 2: Financial Impact - The company has withdrawn its lawsuit and received a civil ruling from the Quzhou Intermediate People's Court, while also filing a new contract cancellation lawsuit with the Zhuhai Intermediate People's Court regarding the share transfer dispute [3][9]. - The total amount involved in the new litigation exceeds 10% of the company's audited net assets attributable to shareholders for 2024, indicating a significant potential impact on the company's financials [10]. Group 3: Summary of Legal Actions - The company has cumulatively reported litigation and arbitration cases amounting to RMB 1,386.59 million, which represents 1.431% of the company's audited net assets for 2024 [10]. - Among these, the ongoing cases where the company and its subsidiaries are plaintiffs total RMB 1,170.34 million, with no undisclosed litigation exceeding the threshold of 10% of the company's net assets [10].