Core Viewpoint - The announcement details the outcome of a lawsuit involving the company's subsidiary, indicating that the court has rejected the request to annul an arbitration ruling, which is favorable for the company [2][7]. Group 1: Case Background - The case involves a dispute where Baotou Tianchen Zhongbang Industrial Gas Co., Ltd. (the company's subsidiary) is the respondent against Baotou Jiyu Steel Co., Ltd. for unpaid gas supply fees amounting to 12,093,191.45 yuan (approximately 1.21 million) plus interest, arbitration fees, and legal costs [3][5]. - The arbitration was initiated on July 11, 2024, and the case number is (2024) Jingzhong Anzi No. 06962 [5]. Group 2: Legal Proceedings - In November 2024, Baotou Jiyu Steel filed a lawsuit to challenge the validity of the arbitration clause in the contract with Baotou Tianchen, but the court ruled in December 2024 that the arbitration clause was valid [5]. - On June 23, 2025, the Beijing Arbitration Commission ruled in favor of Baotou Tianchen, ordering Baotou Jiyu Steel to pay the owed amounts [5]. Group 3: Recent Developments - Recently, the Beijing Fourth Intermediate People's Court delivered a civil ruling rejecting Baotou Jiyu Steel's application to annul the arbitration decision, confirming the validity of the arbitration ruling [7]. Group 4: Financial Impact - The outcome of this ruling is stated to have no negative impact on the company's current or future profits [4][8].
湖南郴电国际发展股份有限公司关于控股二级子公司涉及诉讼的结果公告