Core Viewpoint - Zhejiang Bangjie Holdings Group Co., Ltd. is currently involved in a significant legal dispute with Industrial Bank Co., Ltd. due to a financial loan contract dispute, which may impact the company's future profits and financial stability [1][2]. Group 1: Legal Dispute Details - The lawsuit is based on a financial loan contract dispute, with the plaintiff being Industrial Bank Co., Ltd. Suzhou Branch and the defendants being Yangzhou Bangjie New Energy Technology Co., Ltd. and Zhejiang Bangjie Holdings Group Co., Ltd. [1][2] - The total amount claimed in the lawsuit is approximately 390.21 million yuan, calculated up to March 20, 2025 [1]. - The case has not yet been heard in court as of the date of the announcement [1]. Group 2: Other Legal Matters - As of July 8, 2025, there are no other undisclosed lawsuits or arbitration matters involving the company or its subsidiaries [2]. - The company has disclosed ongoing litigation and arbitration matters, including a transportation contract dispute and various other financial disputes, with amounts involved in these cases not specified in detail [2]. Group 3: Financial Impact and Asset Freeze - The company has reported that its bank accounts have been frozen due to the ongoing litigation, with a total of approximately 14.57 million yuan frozen, which is only 0.44% of the company's audited total assets for 2024 [7]. - The company is actively communicating with relevant parties to resolve the disputes and lift the freeze on its bank accounts [7]. - Several subsidiaries have had their equity frozen due to various legal disputes, including 100% equity stakes in multiple subsidiaries [8][9].