szclou(SZ:002121) Xin Lang Cai Jing·2026-01-07 03:55Core Viewpoint - The lawsuit between Kelu Electronics and China Nanhai Engineering Co., Ltd. involves a construction contract dispute, with Kelu Electronics required to pay approximately 169 million yuan after a court ruling [1][2]. Group 1: Lawsuit Details - The dispute dates back to March 2019 when the two parties signed a construction contract for the Smart Energy Industrial Park project, with actual construction starting on May 12, 2019 [2]. - The contract stipulated a duration of 914 days, with an expected completion date of November 11, 2021; however, the project was completed on April 26, 2023, resulting in a delay of 531 days [2]. - In October 2024, China Nanhai Engineering filed a lawsuit against Kelu Electronics, claiming payment of 237 million yuan for project costs and penalties due to Kelu's failure to complete settlement reviews and timely payments [2]. Group 2: Counterclaims and Financial Performance - In March 2025, Kelu Electronics filed a counterclaim for 174 million yuan, citing delays caused by Nanhai Engineering and claiming damages due to the inability to use the project on time [3]. - Kelu Electronics also pointed out quality issues and breaches of contract by Nanhai Engineering during the construction process, including unpaid utility fees and failure to complete necessary repairs [3]. - For the first three quarters of 2025, Kelu Electronics reported a revenue of 3.586 billion yuan, a year-on-year increase of 23.42%, and a net profit of 232 million yuan, reflecting a significant growth of 251.10% [3].