Core Viewpoint - Shenzhen Derun Electronics Co., Ltd. has initiated lawsuits against its former subsidiaries for unpaid loans totaling approximately RMB 826.71 million, reflecting significant financial challenges and potential impacts on the company's financial health [2][3][6] Group 1: Lawsuit Details - The lawsuits involve two cases against Meida Electric (Chongqing) Co., Ltd. and Meite Technology (Yibin) Co., Ltd. for unpaid loans and interest [4][5] - The total amount involved in the lawsuits is RMB 826,706,679.14, which accounts for 61.37% of the company's most recent audited net assets [7] Group 2: Financial Implications - The company has made provisions for bad debts related to the loans to Chongqing Meida and Yibin Meite, indicating potential difficulties in recovering these amounts [2][7] - The lawsuits are expected to have a limited impact on future operating performance, as the company has already accounted for potential losses in its recent financial statements [2][7] Group 3: Legal Proceedings Status - Case one has passed the filing review by the Shenzhen Intermediate People's Court, while case two has received a formal acceptance notice; neither case has yet gone to trial [2][3] - The company has lost control over its former subsidiary Meta System S.p.A. due to its entry into creditor composition proceedings in Italy, which has further complicated the financial situation [3][6]