Zhejiang Power New Energy (SH:688184) Xin Lang Cai Jing·2025-10-09 10:54Core Points - ST Pava has filed a lawsuit against Zhejiang Gepai Cobalt Industry Co., Ltd. regarding a contract dispute over a procurement agreement for cobalt sulfate valued at 39.4496 million yuan [1] - The lawsuit was initiated due to Gepai Cobalt's failure to deliver the goods on time, exceeding the 20-day grace period stipulated in the contract [1] - ST Pava's claims include the cancellation of the procurement contract, the return of the 39 million yuan prepayment, interest losses calculated based on LPR from January 14, 2025, and a penalty of 7.88992 million yuan for breach of contract [1] Company Impact - The company asserts that the lawsuit will not affect its normal production and operations [1] - The impact on the company's current and future profits remains uncertain until the court's decision and execution of the ruling [1] - ST Pava will fulfill its information disclosure obligations based on the progress of the lawsuit [1]