Core Viewpoint - Huali Co., Ltd. disclosed the progress of a lawsuit involving its subsidiary, Fujian Shangrun Investment Management Co., Ltd., with a disputed amount of 60.72 million yuan [1][2]. Group 1: Lawsuit Details - The lawsuit is at the first-instance judgment stage, with Shangrun Investment liable for joint repayment of the related debt [2]. - The judgment includes a requirement for the defendant, Zibo Chuangfu No. 1 Venture Capital Partnership, to pay an initial capital contribution of 51.8 million yuan, along with interest losses and civil agency fees totaling 150,000 yuan [2]. Group 2: Financial Impact - As of the announcement date, the lawsuit is not expected to have a significant impact on the company's current or future profits, with specific financial data pending confirmation from the annual audit [3]. - For the first three quarters of the year, Huali Co., Ltd. reported total revenue of 978 million yuan, a year-on-year increase of 56.82%, and a net profit attributable to shareholders of 46.81 million yuan, up 34.15% [3]. - The company's net cash flow from operating activities was -89.60 million yuan, compared to 86.49 million yuan in the same period last year [3]. Group 3: Company Overview - Huali Co., Ltd. was established in 1995 and listed on the Shanghai Stock Exchange in 2017, focusing on the research, design, production, and sales of decorative composite materials [3]. - The company has gradually developed into a comprehensive enterprise covering home materials, industrial internet, and investment businesses [3].