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ST Miki announced that the two financial loan contract disputes between the company and its wholly-owned subsidiary Miki C&D and the Fuzhou branch of China CITIC Bank were settled through court mediation, and a civil settlement letter has been received. Among them, the company owes 7 million yuan in principal and corresponding interest before February 14, 2027, and 14,000 yuan in legal fees before December 31, 2026; Miki C&D owes 70 million yuan of principal and corresponding interest in the case to be paid in three installments before February 25, 2027, and 28,000 yuan in legal fees and 5,000 yuan in property preservation fees by December 31, 2026. The company is jointly and severally liable for Miki C&D's debt within the maximum principal amount of 70 million yuan, and the relevant party provides a guarantee for the maximum amount of collateral. There is still uncertainty about the impact of the two cases on the company's profits.
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ST Miki announced that the two financial loan contract disputes between the company and its wholly-owned subsidiary Miki C&D and the Fuzhou branch of China CITIC Bank were settled through court mediation, and a civil settlement letter has been received. Among them, the company owes 7 million yuan in principal and corresponding interest before February 14, 2027, and 14,000 yuan in legal fees before December 31, 2026; Miki C&D owes 70 million yuan of principal and corresponding interest in the case to be paid in three installments before February 25, 2027, and 28,000 yuan in legal fees and 5,000 yuan in property preservation fees by December 31, 2026. The company is jointly and severally liable for Miki C&D's debt within the maximum principal amount of 70 million yuan, and the relevant party provides a maximum collateral guarantee. There is still uncertainty about the impact of the two cases on the company's profits.
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