Westone(SZ:002268) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-02 14:30Core Viewpoint - The company, China Electronics Technology Network Security Co., Ltd. (referred to as "the company" or "CETC Network Security"), has received a final judgment from the Beijing High People's Court regarding a legal dispute involving its subsidiary, CETC (Beijing) Network Information Security Co., Ltd. (referred to as "Beijing Network Security") and the real estate developer, Beijing Jinfeng Kehua Real Estate Development Co., Ltd. (referred to as "Jinfeng Kehua") [5][11]. Group 1: Legal Proceedings - The case is currently in the second instance (final judgment) and has been ruled upon [2]. - The company is the appellant (original plaintiff and executing outsider) in this case [3]. - The judgment has annulled 122 civil judgments from the Beijing Second Intermediate People's Court, preventing the execution of 122 properties and corresponding land use rights [4][11]. Group 2: Financial Impact - The case does not involve a specific monetary amount and is not directly related to the company's current profits [4][14]. - Due to Jinfeng Kehua entering bankruptcy proceedings, the company must assert its rights through litigation or settlement in the bankruptcy process, leading to uncertainty regarding the final outcome and its impact on profits [4][14]. Group 3: Other Legal Matters - As of the announcement date, the company has five unresolved litigation cases as the plaintiff, with a total amount of 8.0757 million yuan, and six unresolved cases as the defendant, totaling 15.4985 million yuan, which collectively represent 0.42% of the company's most recent audited net assets [13].