Core Viewpoint - Baoshan Co., Ltd. has won a final judgment in a lawsuit against Guangzhou Hengqian Material Equipment Co., Ltd., with the involved amount reaching 188,882,848.65 yuan, including interest and litigation fees [1][2]. Group 1: Lawsuit Details - The lawsuit originated from a contract signed on April 10, 2020, where Guangzhou Hengqian purchased wire and cable from Baoshan, backed by a commercial acceptance bill and guarantees from Evergrande [2]. - The first-instance court ruled on March 31, 2023, that Guangzhou Hengqian must pay Baoshan 187,638,182.66 yuan, along with overdue interest, with Evergrande assuming joint guarantee responsibilities [2]. - The appeal by Guangzhou Hengqian was rejected by the Guangdong High Court, which upheld the original ruling [2]. Group 2: Financial Impact - Baoshan has made provisions for credit impairment related to the case, but the actual impact on current or future profits remains uncertain due to the unpredictability of recoverable assets [3]. Group 3: Other Legal Developments - Baoshan has multiple ongoing lawsuits, with most courts supporting the company's claims against Evergrande and its affiliates [4]. - Some cases have been concluded due to the lack of executable assets, while others are in the execution process or awaiting court handling [4]. - The company has taken measures to protect its assets and ensure the rights of shareholders are upheld [4].