Core Viewpoint - The announcement details the ongoing litigation involving Xiamen Xinda Co., Ltd., including updates on two major lawsuits related to contract disputes and their financial implications for the company [1][2][3][4][5][6][7]. Group 1: Litigation Overview - The company is involved in a series of lawsuits concerning contract disputes with Qinghai Huapeng Energy Development Co., Ltd. and Geermu Shenghua Mining Co., Ltd., which were initially mediated in August 2020 [1]. - A recent lawsuit was filed against Dashi Dao Commodity Trading Market Co., Ltd. regarding a contract dispute, with the case being heard in the Xiamen Huli District People's Court [2]. Group 2: Progress of Litigation - In the ongoing disputes with Qinghai Huapeng and Geermu Shenghua, the company has received a partial payment of RMB 53 million, with total amounts received to date being RMB 1.5 billion and interest of RMB 274.29 million [3]. - The court has ruled in favor of the company in the case against Dashi Dao, ordering the return of RMB 73.57 million in procurement funds and additional compensation for overdue refund losses [4]. Group 3: Financial Impact - The financial impact of the litigation on the company's current and future profits remains uncertain and will depend on the compliance of the involved parties with the court's rulings [5][7].
厦门信达股份有限公司诉讼进展公告