Core Viewpoint - The company firmly believes that it has not gained any improper benefits and asserts that the judgment against its subsidiary, Guangzhou Yihai, does not constitute a crime, having already filed an appeal [1][2]. Group 1: Legal Proceedings - Guangzhou Yihai was sentenced to a fine of 1 million RMB and ordered to jointly compensate economic losses of 1.881 billion RMB to the victim, Anhui Huawen International Trade Co., Ltd. [1] - The court found Guangzhou Yihai guilty of being an accomplice in contract fraud, which occurred between 2008 and 2014, involving the storage of palm oil [1][2]. - The company plans to fully support Guangzhou Yihai's appeal against the first-instance judgment [1]. Group 2: Company Operations and Financial Performance - During the period from 2008 to 2014, Guangzhou Yihai stored approximately 900,000 tons of goods for Anhui Huawen, which allegedly involved false documentation [2]. - The company highlighted inconsistencies in the claims made by Anhui Huawen, stating that palm oil cannot be stored for over ten years without deteriorating [2]. - In Q3 2025, the company reported a revenue of 68.588 billion RMB, a year-on-year increase of 3.96%, and a net profit of 999 million RMB, reflecting a significant year-on-year growth of 196.96% [2].
子公司一审被判合同诈骗罪,金龙鱼“喊冤”