TYSJ(SH:688033) Shang Hai Zheng Quan Bao·2025-10-14 21:12Core Viewpoint - The company and its wholly-owned subsidiary have reached a settlement in a lawsuit involving a construction contract dispute, with a total settlement amount of 53.37 million yuan confirmed by the court [1][2][3]. Summary by Sections Basic Situation of the Lawsuit - The company disclosed the lawsuit involving its subsidiary on August 15, 2025, regarding a construction contract dispute with a total claim amount of 53.37 million yuan [2][3]. Mediation Details - The court has issued a civil mediation document confirming the settlement, which includes: 1. The subsidiary, Mianyang Tianyi, owes 53,370,857.59 yuan, to be paid in installments by March 31, 2026, with the remaining amount to be paid in nine monthly installments starting April 2026 [3][4]. 2. If payments are not made on time, the creditor has the right to demand immediate payment of the remaining amount and can apply for enforcement through the court [3][4]. 3. The creditor has priority rights to certain assets in case of default [3][4]. Impact on Financials - The settlement will not have a significant impact on the company's current or future profits, and the company will handle accounting in accordance with relevant standards [2][4].