不过，根据浙江省宁波市中级人民法院送达的《浙江省宁波市中级人民法院民事判决书》【(2024)浙02 民初115号、(2025)浙02民初184号、(2025)浙02民初608号】，依据相关法律法规，法院判决驳回原告刘 立敏等6名投资者的诉讼请求，案件受理费10,811元由原告负担。 截至公告披露日，公司不存在应披露而未披露的其他重大诉讼、仲裁事项。此次诉讼案件一审已判决， 驳回所有起诉，对公司损益不产生影响。*ST围海表示将高度重视相关诉讼案件，依法依规维护公司及 全体股东的合法权益，并持续关注案件进展，及时履行信息披露义务。 点击查看公告原文>> 声明：市场有风险，投资需谨慎。 本文为AI大模型基于第三方数据库自动发布，任何在本文出现的信 息（包括但不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成 个人投资建议。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验， 因此本文内容可能出现不准确、不完整、误导性的内容或信息，具体以公司公告为准。如有疑问，请联 系biz@staff.sina.com.cn。 登录新浪财经APP 搜索【信披】查看更多考评等级 ...

Core Viewpoint - The company, Hunan Baili Engineering Technology Co., Ltd., has experienced significant stock price fluctuations and is facing various operational and financial risks, including substantial losses and legal challenges [1][6][8]. Financial Performance - For the fiscal year 2024, the company reported a net loss attributable to shareholders of CNY 401.45 million and a net loss of CNY 399.31 million after excluding non-recurring items [1][6]. - In the first quarter of 2025, the company recorded a net loss of CNY 30.95 million, with a net loss of CNY 30.27 million after excluding non-recurring items [1][6]. Stock Trading and Risk Warnings - The company's stock price experienced a cumulative deviation of over 12% across three consecutive trading days (June 6, 9, and 10, 2025), triggering abnormal trading alerts [1][6]. - The company has been under additional risk warnings since May 6, 2024, due to a negative internal control audit report from Dahua Accounting Firm [2][6]. Shareholder and Legal Risks - The controlling shareholder, Xizang Xinhai New Venture Investment Co., Ltd., has pledged 76.64 million shares, representing 72.23% of its holdings, and all of its shares are subject to judicial marking and freezing [3][7]. - The company is facing multiple lawsuits from individual investors, with claims totaling CNY 824,102.42, and these cases are set to be heard on June 18, 2025 [3][8]. Asset Preservation and Legal Proceedings - The company is currently under a pre-litigation asset preservation order, with a request to freeze CNY 60 million in bank deposits or equivalent assets, initiated by Hunan Xianxia Construction Co., Ltd. [4][5][8].