Core Viewpoint - Aerospace Holdings (00031) announced that its subsidiary, Aerospace Semiconductor, has reached a settlement agreement with the applicants, including CodeJet (Suzhou) Technology Co., Ltd. and Intermec Technologies (S) Pte Ltd, regarding arbitration matters [1][2] Summary by Sections Settlement Agreement Details - Aerospace Semiconductor will pay USD 1.3154 million to Intermec within five working days after the settlement agreement takes effect to repurchase chips under the main supply agreement [1] - CodeJet (Suzhou) will pay USD 398,900 to Aerospace Semiconductor for inventory and materials used in manufacturing under the main supply agreement within five working days after the agreement takes effect [1] - CodeJet (Suzhou) will also pay USD 816,500 to Aerospace Semiconductor within five working days after the agreement takes effect [1] Future Commitments - CodeJet (Suzhou) commits to placing and fulfilling certain order amounts with Aerospace Semiconductor for six years starting from January 1, 2026, under specific ordering conditions, while Aerospace Semiconductor will provide rebates to CodeJet (Suzhou) in future business dealings [1] Arbitration Withdrawal - Upon proper payment by both Aerospace Semiconductor and CodeJet (Suzhou) as per the first three points, all parties will withdraw their respective claims and counterclaims in the arbitration within three working days after the last payment [2] - All obligations or liabilities related to quality disputes between Aerospace Semiconductor and the applicants will be mutually waived and permanently released [2] Cost Responsibilities - Each party will bear its own costs and expenses incurred during the arbitration, including legal fees and fees paid to the arbitration committee, which will be shared equally among the parties involved [2]
航天控股(00031):航科半导体与码捷苏州及易腾迈订立和解协议