华映科技终审胜诉，被告被判赔偿30亿元业绩补偿款

Core Viewpoint - Huaying Technology has won a final judgment in a long-standing lawsuit against its former controlling shareholder, resulting in a compensation payment of 3.029 billion yuan, which is expected to have a positive impact on the company's operations and development [1][2][3]. Group 1: Lawsuit Background - The lawsuit between Huaying Technology and its former controlling shareholder, Huaying Bermuda, dates back to 2019 when the Fujian High Court accepted the case [2]. - The initial ruling by the Fujian High Court ordered Huaying Bermuda to pay 3.029 billion yuan in performance compensation to Huaying Technology, with Da Tong Company and China Display also held jointly liable [2][4]. - The final judgment was issued by the Supreme People's Court, which upheld the original ruling and dismissed the appeal from Huaying Bermuda and Da Tong Company [3]. Group 2: Financial Implications - Huaying Technology reported a revenue of 1.739 billion yuan for 2024, with a cumulative net loss of nearly 4.2 billion yuan over the past four years [1]. - The compensation of 3.029 billion yuan, if successfully executed, could significantly improve Huaying Technology's financial situation [1]. - Da Tong Company, despite Huaying Technology's bankruptcy, continues to operate normally, reporting over 8 billion yuan in revenue for the first three quarters of 2025 [5]. Group 3: Company Background - Huaying Technology, originally known as Mindong Electric (Group) Co., Ltd., was listed in 1993 and underwent a major asset restructuring in 2010, acquiring stakes in several companies under China Display [4]. - The company primarily engages in the research, design, production, and sales of display panels and modules, positioning itself as a significant manufacturer in the flat panel display industry [5]. - The company has faced ongoing challenges due to cyclical downturns in the panel industry, leading to poor financial performance [5].