Core Points - The case of the missing 295 million yuan deposit has seen new developments, with Nanjing Koyuan Smart Technology Group Co., Ltd. receiving 231 million yuan from Shanghai Pudong Development Bank Nantong Branch [1][5] - The case, which has been ongoing for about four years, involves a dispute over a deposit that was pledged as collateral for a third-party company, Nantong Ruihao International Trade Co., Ltd., which failed to repay its debts [2][3] Summary by Sections Case Background - Koyuan Smart's wholly-owned subsidiary, Nanjing Koyuan Smart Energy Investment Co., Ltd., deposited 345 million yuan in the bank between July 2020 and July 2021, but 295 million yuan was pledged as collateral for Nantong Ruihao's bank acceptance bills [1][3] - The issue came to light when Koyuan Smart announced in November 2021 that it could not redeem its deposits due to the collateral arrangement [3] Legal Proceedings - The court recognized the case as a criminal matter involving forgery and fraud, with the bank's risk management practices being called into question [4][6] - As of July 2023, Koyuan Smart received 231 million yuan from the bank after applying for enforcement of the court's judgment [5][6] Recent Developments - On July 16, 2023, the bank filed a new lawsuit against Koyuan Smart Energy Investment, claiming damages due to alleged negligence in the deposit management process [6][8] - The bank accused Koyuan Smart of receiving kickbacks amounting to 40.67 million yuan, which it claims contributed to the loss of the deposit [6][7] Legal Analysis - Legal experts suggest that the bank must prove Koyuan Smart's negligence, while Koyuan Smart can argue that the fraud was committed by external parties [7][10] - The distinction between the current lawsuit and previous cases indicates that it does not constitute a counterclaim or duplicate litigation [8][10]