棕榈生态城镇发展股份有限公司关于重大诉讼的公告

Core Viewpoint - The company, Palm Eco-Town Development Co., Ltd., is currently involved in a significant lawsuit concerning construction contract disputes, with the total amount in question being approximately 113.35 million yuan, which represents 6.83% of the company's latest audited net assets for the fiscal year 2024 [2][3]. Group 1: Lawsuit Details - The lawsuit has been accepted by the court, and the company is positioned as the defendant [2][10]. - The plaintiff, Guangdong Guoyuan Construction Engineering Co., Ltd., has filed the lawsuit against the company and its subsidiary, Meizhou Zongyuan Project Investment Management Co., Ltd., due to disputes arising from construction contracts related to a PPP project [3][4]. - The company, as the lead social capital entity, is responsible for financing the project, and the plaintiff claims that the company has failed to fulfill its payment obligations under the signed contracts [5][6][7]. Group 2: Financial Implications - The plaintiff is seeking a total of approximately 41.41 million yuan in outstanding payments and 48.47 million yuan in overdue payment penalties for one of the cases, with similar claims for two other cases [8]. - The total amount claimed across all three cases includes approximately 52.76 million yuan in overdue payments and penalties [8]. - The impact of this lawsuit on the company's current and future profits remains uncertain as the case has not yet gone to trial [2][12].