因电池故障，龙洲股份孙公司被判赔4.31亿元，继续停产停工

Core Insights - Longzhou Co., Ltd. disclosed significant lawsuits involving its subsidiary Dongguan Zhongqi Hongyuan Automobile Co., Ltd. totaling over 431 million yuan [2][3] - The company announced an extension of the temporary suspension of operations at Zhongqi Hongyuan until May 31, 2026, due to a slowdown in the new energy bus market and insufficient orders [4] Group 1: Lawsuits - Dongguan Zhongqi Hongyuan is facing two lawsuits from Dongguan Bus Co., Ltd. and Dongguan City Bus Transportation Co., Ltd. for contract disputes, with claims amounting to approximately 205 million yuan and 226 million yuan respectively [2][3] - The lawsuits stem from issues related to the performance of electric buses purchased in 2018, which began experiencing battery failures from 2021, leading to significant operational disruptions [2][3] - The company has made provisions for after-sales maintenance costs related to these lawsuits and plans to seek compensation from the battery manufacturer, Weihong Power Systems (Huzhou) Co., Ltd. [3] Group 2: Operational Impact - Due to a lack of business orders since 2024, Zhongqi Hongyuan's temporary suspension of operations has been extended, with minimal impact on Longzhou Co., Ltd.'s revenue, although losses from fixed depreciation and interest expenses will continue [4] - The resumption of operations will depend on market conditions and order availability, indicating ongoing uncertainty in the new energy vehicle sector [4]