Core Viewpoint - The announcement details a significant lawsuit involving a wholly-owned subsidiary of Fujian Shida Group Co., Ltd., indicating potential financial implications due to outstanding payments owed to China Telecom's local branch [2][3]. Group 1: Lawsuit Details - The lawsuit is currently in the acceptance stage and has not yet gone to trial [2] - The subsidiary, Kizil Su Zhongke, is the defendant in the case [2] - The amount involved in the lawsuit is 41,253,846.23 yuan [2][3] - The total number of lawsuits and arbitrations involving the company and its subsidiaries is 22, with a cumulative amount of 67.88 million yuan, representing 17.06% of the company's latest audited net assets [2][7] Group 2: Parties Involved - The plaintiff is China Telecom's Kizil Su branch, which claims that Kizil Su Zhongke has failed to pay for services rendered under a contract [3][4] - The third parties involved in the case include various local public security bureaus, which are relevant to the project contracts [4][5] Group 3: Financial Impact - The company cannot currently assess the impact of the lawsuit on its profits, as the case has not yet been heard [2][8] - The company has experienced a total of 21 lawsuits and arbitrations in the past twelve months, excluding the current case, amounting to 26.63 million yuan, which is 6.69% of the latest audited net assets [7]

Group 1 - The company, Yashichuangneng Technology (Shanghai) Co., Ltd., is facing significant lawsuits involving a total of 233,848,901.68 yuan related to unpaid goods and loans, including penalties and interest [1] - The plaintiff, Jiangsu Baderfu Technology Development Co., Ltd., has filed lawsuits due to Yashichuangneng's failure to pay 76,812,309.38 yuan for goods and 157,036,592.30 yuan in loans [1] - The lawsuits are currently accepted by the Suzhou Intermediate People's Court and the Changshu People's Court, but no hearings have been scheduled yet [1] Group 2 - The company stated that the impact of the lawsuits on current or future profits remains uncertain and will depend on the actual progress of the cases and accounting standards [2] - Since the last announcement, the company and its subsidiaries have accumulated litigation and arbitration cases totaling 127,513,336.69 yuan, with 27,187,773.97 yuan as plaintiffs and 100,325,562.72 yuan as defendants [2] - The company has reminded investors to be aware of investment risks and has committed to timely information disclosure regarding the ongoing litigation [2]