SUNWODA(SZ:300207) Ge Long Hui A P P·2025-12-29 06:20Core Viewpoint - The stock price of Xinwanda (300207.SZ) experienced a significant drop of nearly 16%, reaching a new low of 25 yuan, before narrowing the decline to under 11% due to a lawsuit involving a substantial amount of 2.314 billion yuan related to quality issues in battery cells [1] Group 1: Lawsuit Details - Xinwanda's wholly-owned subsidiary, Xinwanda Power Technology Co., Ltd., is being sued by Weir Electric Vehicle Technology (Ningbo) Co., Ltd. for a total amount of 2.314 billion yuan due to contract disputes [1] - The plaintiff claims that the battery cells delivered by Xinwanda Power from June 2021 to December 2023 have serious quality issues, resulting in significant economic losses [1] - The lawsuit includes multiple claims for compensation, covering losses, identification and legal fees, as well as all litigation costs [1] Group 2: Company Response and Impact - In response to the lawsuit, Xinwanda stated that as of the announcement date, all production and operations within the company and its consolidated subsidiaries are normal [1] - The lawsuit has not yet gone to trial, and the outcome remains uncertain, making it difficult for the company to assess the impact on current or future profits [1] - The company will follow accounting standards and will adjust its financial statements based on the progress of the case, with the final impact on profits to be confirmed by an auditor [1]