华映科技终审胜诉 被告被判赔偿30亿元业绩补偿款

Core Viewpoint - Huaqing Technology has won a final victory in a long-standing lawsuit against its former controlling shareholder and actual controller, resulting in a court ruling that requires the defendants to pay a performance compensation of 3.029 billion yuan [2][5]. Group 1: Lawsuit Background - The lawsuit between Huaqing Technology and its former controlling shareholder, Huaqing Bermuda, dates back to January 4, 2019, when the Fujian High Court accepted the case [4]. - The Fujian High Court ruled that Huaqing Bermuda must pay 3.029 billion yuan in performance compensation within ten days of the ruling [4]. - Huaqing Bermuda and other defendants appealed the first-instance judgment, but the Supreme Court upheld the original ruling [5]. Group 2: Financial Impact - Huaqing 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 [2]. - The 3.029 billion yuan compensation, if successfully executed, is expected to have a significant positive impact on Huaqing Technology's business development [2]. Group 3: Company History and Operations - Huaqing Technology, originally known as Mindong Electric (Group) Co., Ltd., was listed on the Shenzhen Stock Exchange in 1993 and underwent a major asset restructuring in 2010 [7]. - The company primarily engages in the research, design, production, and sales of display panels and modules, making it a significant player in the global flat panel display manufacturing industry [9]. - Due to the cyclical downturn in the panel industry, Huaqing Technology has faced ongoing poor performance, with a revenue of 1.039 billion yuan in the first three quarters of 2025, a year-on-year decline of 21.03% [9].