TOND(SZ:002360) Shang Hai Zheng Quan Bao·2026-02-24 17:09Core Viewpoint - Shanxi Tongde Chemical Co., Ltd. and its wholly-owned subsidiaries are currently involved in a legal execution phase concerning a financing lease contract dispute with Haitong Hengxin International Leasing Co., Ltd. The court has ordered the freezing and seizure of bank deposits amounting to approximately RMB 53.93 million [2][4][9]. Group 1: Legal Proceedings - The case is at the execution stage, with the company and its subsidiaries being the defendants [2]. - The amount involved in the execution is RMB 53,925,854.40, as stated in the execution ruling [2][4]. - The lawsuit originated from a financing lease contract dispute, with the initial court documents received in September 2025 [3]. Group 2: Court Rulings - The Shanghai Huangpu District People's Court ruled that Tongde Kechuang Materials Co., Ltd. must pay RMB 52,674,091.04 in rent and additional overdue interest starting from October 18, 2025 [4]. - The execution notice mandates the defendants to pay RMB 53,804,649.75 along with corresponding interest and an execution fee of RMB 121,204.65 [4][10]. Group 3: Company Impact - The execution phase introduces uncertainty regarding the company's financial outcomes, with the final impact dependent on the court's execution results [2][12]. - The company has committed to timely information disclosure as the situation progresses [12].