TOND(SZ:002360) Shang Hai Zheng Quan Bao·2025-10-31 18:17Core Viewpoint - Shanxi Tongde Chemical Co., Ltd. and its wholly-owned subsidiary have received an execution notice related to a financing lease contract dispute, indicating potential financial implications for the company [1][2][3]. Group 1: Legal Proceedings - The company received a summons from the Shanghai Pudong New Area People's Court regarding a lawsuit filed by Ping An International Financial Leasing Co., Ltd. on May 12, 2025, with a court hearing scheduled for July 1, 2025 [2]. - Following mediation, the company reached a pre-litigation settlement with Ping An Leasing, which was disclosed on July 12, 2025 [2]. - The execution notice indicates that the company and its subsidiary must fulfill obligations as per the civil mediation document, with enforcement actions to be taken if they fail to comply [3]. Group 2: Financial Implications - The execution amount specified in the notice is 11,542,889.2 yuan, with additional execution costs of 78,942.88 yuan [4]. - The company acknowledges that the outcome of the execution process is uncertain and will depend on the court's actual enforcement results [5]. - The company commits to monitoring the situation closely and will comply with legal disclosure requirements as necessary [5].