Core Viewpoint - Guangdong Wenkai Green Technology Co., Ltd. has recently won two civil judgments related to construction contract disputes against Zhengzhou Jiuzhi Real Estate Development Co., Ltd., with a total amount of approximately 41.2 million RMB involved in the cases [1][2]. Summary by Sections 1. Basic Information of the Lawsuits - The company initiated lawsuits against Zhengzhou Jiuzhi Real Estate Development Co., Ltd. due to construction contract disputes, with the cases being split into two separate civil judgments [1][2]. 2. Progress of the Lawsuits - The first judgment (2023) requires Zhengzhou Jiuzhi to pay the company 3,831,238.29 RMB plus overdue interest calculated from December 12, 2023 [2]. - The second judgment (2024) involves multiple payments totaling 37,386,146.43 RMB, with specific amounts allocated for different projects and the company having priority in claims against the auction or liquidation proceeds [2]. 3. Other Undisclosed Litigation and Arbitration Matters - From December 17, 2024, to the date of this announcement, the company and its subsidiaries have reported additional undisclosed litigation and arbitration matters totaling 86.36 million RMB [3]. 4. Potential Impact on Company Profits - The judgments are first-instance decisions, and their finality is uncertain, leading to an indeterminate impact on the company's current and future profits [4].
文科股份: 关于重大诉讼进展暨公司一审胜诉的公告