Zhongwei Electronics has continuously added over 62.4 million yuan in new litigation and arbitration amounts for twelve months, accounting for 10.28% of net assets.

Log in to Sina Finance App and search for [Information Disclosure] to see more evaluation levels

Hangzhou Zhongwei Electronics Co., Ltd. (Stock code: 300270, Stock abbreviation: Zhongwei Electronics) recently issued an announcement disclosing that the company’s and its controlling subsidiaries’ accumulated new lawsuits and arbitration cases involved a total amount of 62,402,160.10 yuan within twelve consecutive months, accounting for 10.28% of the company’s latest audited net assets.

The announcement shows that among the accumulated lawsuits and arbitration cases, the amount involved where the company and its controlling subsidiaries are plaintiffs is 54,925,672.32 yuan, accounting for 88.02% of the total litigation amount; the amount involved where they are defendants is 7,476,487.78 yuan, accounting for 11.98%. At the same time, there are no cases where a single case involves an amount exceeding 10% of the company’s latest audited net assets or exceeding 10 million yuan.

The company stated that some cases have not yet gone to court or been concluded, so there is uncertainty about their impact on the company’s current or future profits. The company will perform relevant accounting treatments according to applicable accounting standards and the actual progress of the cases, actively monitor relevant developments, and strictly fulfill disclosure obligations in accordance with the “Shenzhen Stock Exchange Growth Enterprise Market Stock Listing Rules.” Additionally, the company and its controlling subsidiaries have no other litigation or arbitration matters that need to be disclosed but have not been disclosed.

As of the date of this announcement, the main litigation and arbitration cases involving the company and its controlling subsidiaries within twelve consecutive months are as follows:

In addition to the main cases above, the company and its controlling subsidiaries have a total of 18 small claims and arbitration matters where they are plaintiffs, involving 29,546,464.75 yuan. Among these, 7 cases have been concluded (involving 18,954,292.24 yuan), and 11 cases are ongoing (involving 10,592,172.51 yuan); there are 7 small claims and arbitration cases where they are defendants, involving 7,476,487.78 yuan, all of which have been concluded.

Click here to view the original announcement>>

Disclaimer: The market carries risks; investment should be cautious. This article is automatically published by an AI model based on third-party databases and does not represent Sina Finance’s views. All information appearing in this article is for reference only and does not constitute personal investment advice. Please refer to the actual announcement for any discrepancies. If you have questions, contact biz@staff.sina.com.cn.