TGWC(SH:600116) Shang Hai Zheng Quan Bao·2026-01-14 18:43Core Viewpoint - The company has reached a mediation agreement regarding a construction contract dispute involving its subsidiary, Wuling Mining, and Hunan Lianshao, which is expected to have minimal impact on the company's financial performance [2][4][9]. Group 1: Case Background - The dispute involves Wuling Mining as the defendant in a construction contract dispute with Hunan Lianshao, with the case registered at the Tongren People's Court [3][5]. - The total amount in dispute includes principal and interest totaling 37.34 million yuan as of July 18, 2025, with the company confirming that these costs have already been accounted for [4][9]. Group 2: Mediation Progress - A mediation agreement was reached on January 13, 2026, under the supervision of the Tongren People's Court, stipulating that Wuling Mining owes Hunan Lianshao 32,368,477.10 yuan, with a payment schedule established [8]. - The agreement requires Wuling Mining to pay 2 million yuan by January 28, 2026, and the remaining balance by June 30, 2026, along with interest of 250,000 yuan [8]. Group 3: Financial Impact - The mediation outcome is not expected to significantly affect the company's current financial results, as the related costs have already been recognized in the company's accounts [4][9]. - The company will continue to disclose the mediation's implementation status in accordance with the Shanghai Stock Exchange's regulations [9].