百利科技，卷入合同纠纷案！

Core Viewpoint - Baili Technology is facing a legal dispute regarding unpaid debts amounting to 28.25 million CNY, which may impact its financial standing and operations [1]. Group 1: Legal Issues - Baili Technology's subsidiary, Baili Lithium Battery Smart Factory, is involved in a lawsuit with Changzhou Baiheliang Intelligent Equipment Co., which claims that Baili Lithium has owed 28.25 million CNY since 2020 [1]. - The plaintiff is seeking a court ruling for the payment of the debt and interest, and also requests that Baili Technology be held jointly liable for the debt [1]. - The company has acknowledged the lawsuit and is preparing a defense, emphasizing the importance of protecting its rights [1]. Group 2: Financial Performance - Baili Technology reported net losses of 118 million CNY in 2023 and 401 million CNY in 2024 [2]. - For the first three quarters of 2025, the company achieved a revenue of 616 million CNY, a decrease of 20.72% year-on-year, while the net profit attributable to shareholders was -115 million CNY, an increase of 32.21% year-on-year [2]. - The company's debt-to-asset ratio was reported at 98.16% as of September 30, 2025, reflecting a year-on-year increase of 12.41% [2]. Group 3: Shareholder Changes - On December 11, 2025, Baili Technology announced that the share transfer of 48.08 million shares from Tibet Xinhai New Venture Capital Co. was completed, making Hunan Pailer Technology Co. the largest shareholder with an 11.85% stake [2]. - The company stated that this change in shareholding would not adversely affect its normal operations or the interests of minority shareholders [2]. Group 4: Market Performance - As of December 12, 2025, Baili Technology's stock price increased by 3.06%, closing at 6.07 CNY per share, with a total market capitalization of 2.976 billion CNY [3].