Zhejiang Power New Energy (SH:688184) Ju Chao Zi Xun·2026-02-25 02:18Core Viewpoint - The final ruling of the lawsuit between Zhejiang Pava New Energy Co., Ltd. and Zhejiang Lujia New Materials Co., Ltd. has been issued, upholding the original judgment and rejecting the appeal by ST Pava [2][3] Group 1: Lawsuit Details - The lawsuit originated from a processing contract signed on November 12, 2024, where ST Pava provided raw materials to Zhejiang Lujia for processing sulfate [2] - ST Pava claimed that Zhejiang Lujia failed to fulfill its processing obligations and did not return approximately 1.2284 million kilograms of goods [2] - In the first instance, ST Pava sought a court order for the return of all goods or compensation in lieu of return [2] Group 2: Court Ruling and Impact - The Shaoxing Intermediate People's Court has issued a final judgment, maintaining the original ruling and dismissing ST Pava's appeal [2][3] - The lawsuit has not yet entered the execution phase, and ST Pava will handle accounting based on the execution of the judgment [3] - The company stated that its business operations remain normal and does not expect the lawsuit to have a significant adverse impact on its production and operations [3]