Core Viewpoint - The company ST Fuhua has been involved in a legal dispute regarding a loan agreement with Shanghai Quanchun Industrial Development Co., Ltd, resulting in a court ruling that upholds the original judgment requiring the company to repay a principal amount of 20 million RMB along with overdue interest calculated at an annual rate of 3.85% since September 16, 2021 [1] Group 1 - The Shanghai Third Intermediate People's Court has rejected the company's appeal and maintained the original ruling [1] - The original judgment mandates the company to repay the loan principal of 20 million RMB and overdue interest [1] - The company has disclosed corrections of accounting errors and retrospective adjustments, with the principal being accounted for in the operating expenses of 2013 [1] Group 2 - The company states that its production and operations are normal and that the court ruling will not have a negative impact on its business [1]
ST复华:维持原判,驳回上诉