Delinhai(SH:688069) Xin Lang Cai Jing·2026-01-04 09:19Core Viewpoint - The court ruling favors the company's subsidiary, requiring the local water resources bureau to release funds related to the "Xingyun Lake Project" and pay penalties, which will enhance the company's cash flow and allow for the reversal of previously accrued liabilities [1] Group 1 - The company's wholly-owned subsidiary, Yuxi Delinhai, won a first-instance lawsuit against the Yuxi Jiangchuan District Water Resources Bureau [1] - The court ordered the water resources bureau to notify the bank to lift the supervision on the third-phase progress payment of 63.525 million yuan for the "Xingyun Lake Project," granting the subsidiary the right to manage these funds [1] - The water resources bureau is also required to pay a penalty based on the progress payment at an annual interest rate of 3%, starting from June 12, 2025 [1] Group 2 - The case acceptance fee amounts to 429,426 yuan, with the subsidiary responsible for 70,001 yuan and the water resources bureau for 359,425 yuan [1] - If the ruling takes effect, it will increase the company's cash flow and allow the reversal of a previously accrued liability of 48.0795 million yuan for the fiscal year 2024 [1]