Core Viewpoint - Aerospace Electrical Equipment (航天机电) announced an arbitration ruling in favor of its wholly-owned subsidiary, Hong Kong Shanghang Holdings, regarding a claim for unpaid profit amounts from 2019 and 2020, totaling approximately 191.71 billion Korean Won, plus interest [1] Group 1 - On May 25, 2023, Hong Kong Shanghang Holdings applied for arbitration with HKIAC against ERAECS for the payment of the profit shortfall [1] - The final arbitration ruling was delivered on November 13, 2025, supporting the claim amount and corresponding interest [1] - The Korean bankruptcy court is expected to initiate debt confirmation and enforcement procedures, but the impact on the company's profits remains unclear due to the ambiguity of the process [1]
航天机电:全资子公司仲裁获支持,金额约191.71亿韩元