SUNDIRO HOLDING(SZ:000571) Shang Hai Zheng Quan Bao·2025-11-17 19:45Core Viewpoint - The company, Xindazhou Holdings Co., Ltd., is currently involved in a legal dispute with the Yakeshi Municipal People's Government regarding a contract dispute, with a court ruling requiring the company to pay a total of approximately RMB 21.74 million [3][6]. Group 1: Litigation Details - The company is the defendant in the lawsuit initiated by the Yakeshi Municipal People's Government [2][3]. - The amount in dispute includes RMB 21.51 million for the remaining payment of mining rights, overdue interest, penalties, attorney fees, and litigation costs [3][6]. - The court has ruled that the company must pay RMB 21,511,552 plus attorney fees of RMB 225,757, totaling RMB 21,737,309 [6]. Group 2: Financial Impact - The company has recognized the unpaid amount of RMB 21.51 million as a liability on its balance sheet [3][7]. - The ruling will lead to additional costs in the form of overdue interest and legal fees, but it is stated that there will be no significant impact on the company's current or future profits [3][7]. Group 3: Additional Information - The company has disclosed that there are no other undisclosed small lawsuits or arbitration matters [7]. - The designated media for the company's information disclosure for the year 2025 includes "China Securities Journal," "Shanghai Securities Journal," and the website www.cninfo.com.cn [7].