Core Viewpoint - The announcement details significant arbitration and litigation developments involving Zhonggong Education Technology Co., Ltd., including the amounts involved and the potential impacts on the company's financials [1][2][3]. Group 1: Major Arbitration Developments - The arbitration case is currently in the mediation settlement stage [1]. - The total amount involved in the arbitration case is approximately 516.81 million yuan (including interest, penalties, and legal fees) [2]. - The impact on the company's profits remains uncertain as the case is in the settlement execution phase, and the final effect will depend on the progress of the settlement agreement and accounting standards [2]. Group 2: Major Litigation Matters - The major litigation case has been accepted by the Beijing Changping District People's Court and has not yet gone to trial [3]. - The total amount involved in this litigation case is approximately 93.32 million yuan [5]. - The company is currently unable to accurately assess the impact on its profits due to the case being in the early stages [5]. Group 3: Details of the Arbitration Case - The arbitration was initiated by Shanghai Pudong Development Bank Beijing Branch against Beijing Zhonggong Education Technology Co., Ltd. [6][8]. - The arbitration case has been settled through mediation, with the parties agreeing on the repayment of principal, interest, penalties, and legal fees totaling approximately 413.29 million yuan, 85.75 million yuan, 13.42 million yuan, and additional fees [10][11][12]. - The repayment is to be completed by December 31, 2025, with specific conditions for the release of asset preservation measures [13]. Group 4: Details of the Litigation Case - The litigation involves a construction contract dispute with Beijing Hetai Construction Engineering Co., Ltd., with claims for approximately 93.32 million yuan plus interest [17]. - The lawsuit requests the court to hold the company and its subsidiaries jointly liable for the payment [17]. - The company has disclosed that it will continue to monitor the situation and fulfill its information disclosure obligations as required [20]. Group 5: Other Litigation and Arbitration Matters - From July 15, 2025, to November 3, 2025, the company and its subsidiaries have accumulated 630 additional litigation and arbitration cases, totaling approximately 18.15 million yuan, which is 2.51% of the company's audited net assets for 2024 [18]. - Other cases do not meet the disclosure standards for significant litigation or arbitration as per the Shenzhen Stock Exchange regulations [18].