szclou(SZ:002121) Shen Zhen Shang Bao·2026-01-07 00:19Core Viewpoint - The lawsuit between Kelu Electronics and China Nanhai Engineering Co., Ltd. has resulted in a judgment requiring Kelu Electronics to pay approximately 174 million yuan, with a net payment of about 169 million yuan after deducting utility fees owed to the defendant [1][3]. Group 1: Lawsuit Details - The dispute originated from a construction contract signed in March 2019 for the Smart Energy Industrial Park project, with additional agreements made in 2021 [2]. - China Nanhai Engineering Co., Ltd. filed a lawsuit in October 2024 due to Kelu Electronics' failure to complete the final settlement and pay due project funds [3]. - The judgment includes payments of 110 million yuan for project funds, 6.6174 million yuan for expedited construction fees, 8.2222 million yuan for discount fees, and 37.682 million yuan in interest for overdue payments [3]. Group 2: Financial Performance - Kelu Electronics reported a significant turnaround in 2025, with a revenue of 3.586 billion yuan, a year-on-year increase of 23.42%, and a net profit of 232 million yuan, up 251.10% [7]. - The company experienced a decline in non-recurring net profit in the third quarter of 2025, attributed to a high revenue recognition in the second quarter and a return to first-quarter gross margin levels [8]. - The stock price of Kelu Electronics increased by 77% throughout 2025, closing at 8.08 yuan per share on January 6, with a total market capitalization of approximately 13.419 billion yuan [8].