KN(SH:603111) Shen Zhen Shang Bao·2025-11-06 22:30Core Viewpoint - 康尼机电 has successfully completed the compensation obligations from former shareholder 罗国莲 related to the 龙昕科技 acquisition, following a series of legal proceedings stemming from a fraudulent scheme that led to significant financial losses for the company [2][3] Group 1: Legal Proceedings and Compensation - 康尼机电 received a total of 149.41 million yuan from 罗国莲, fulfilling all compensation obligations as per the court's judgment [2] - The dispute originated from a 2017 acquisition of 龙昕科技 for 3.4 billion yuan, which was later marred by allegations of contract fraud involving the company's former legal representative [2] - In November 2023, the court ruled that 康尼机电 could repurchase 1,102,600 shares from 罗国莲 for a nominal price of 1 yuan, or alternatively, receive compensation at 14.86 yuan per share [2] Group 2: Financial Impact and Recovery - 康尼机电 suffered a loss of approximately 3 billion yuan from the 龙昕科技 acquisition, having sold the company for only 400 million yuan in 2019 [3] - The company reported revenues of 3.968 billion yuan and a net profit of 351 million yuan in 2024, indicating a recovery from previous losses [3] - For the first three quarters of 2025, 康尼机电 achieved revenues of 3.101 billion yuan and a net profit of 261 million yuan, showing continued improvement [3]