Xin Lang Cai Jing·2025-12-25 09:50Core Viewpoint - The company, Fuanna, is involved in a legal dispute with CITIC Securities regarding a financial product that has faced overdue payments, leading to a court ruling that mandates compensation for principal losses. Group 1: Legal Proceedings - In 2021, the company purchased the "Fuanna No. 1" financial product from CITIC Securities, which became overdue in 2022 [1] - The company initiated legal action in August 2023, with three court hearings held in 2024 [1] - A first-instance judgment has been issued, requiring CITIC Securities to compensate the company for principal losses amounting to 29.2863 million yuan within 10 days [1] Group 2: Financial Impact - As of 2025, the net asset value of the "Fuanna No. 1" product is reported to be 77.8205 million yuan, with an impairment provision of 27.8772 million yuan [1] - The remaining principal of 105.6977 million yuan and accrued income have not been recovered [1] - The court ruling stipulates that any subsequent recovery of funds will be split 50/50 between the parties, capped at the amount of the compensation awarded [1]