FLDT(SH:600228) Shang Hai Zheng Quan Bao·2025-10-08 18:56Core Viewpoint - The company announced the withdrawal of a lawsuit against its chairman and other executives, indicating no negative impact on its operations or profits from this development [2][3][5]. Group 1: Lawsuit Background - In December 2021, the company was informed of a lawsuit filed by PacTec Holdings, LLC against its chairman, general manager, and other executives in a California court [4]. - The lawsuit involved the company’s subsidiary, Shanghai Zhongyan Information Technology Co., Ltd., and other related parties as defendants [4]. - The company took legal action to protect its rights, and in June 2023, the court ruled in favor of the company's motion [4]. Group 2: Lawsuit Progress - Recently, the company received a notification that the plaintiff submitted a withdrawal request to the court, which was granted [5]. Group 3: Impact on the Company - The company assessed that the withdrawal of the lawsuit would not affect its normal operations or current profits [3][6]. - The company will continue to monitor the situation and fulfill its information disclosure obligations as required by regulations [6]. Group 4: Management Changes - On September 30, 2025, James Min Zhu submitted his resignation from his positions as director, vice general manager, and committee member for personal reasons, but will remain with the company [7]. - His resignation will not impact the company's daily operations or the minimum number of board members required by law [7][8]. - The board expressed gratitude for his contributions during his tenure [8].