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ST Yedao announced that in the past 12 months, the company and its subsidiaries have added an undisclosed total amount of 8.0933 million yuan, accounting for 10.83% of the absolute value of the company's most recent audited net assets; of this, the amount involved was 4.7682 million yuan as the plaintiff and 3,3251 million yuan as the defendant. Most of the cases were contract disputes, and are currently awaiting trial in the first trial, judgment, or second trial. Progress has also been disclosed in lawsuits. In one case of a contract dispute, the relevant subsidiary of the company paid the plaintiff a total of 4.7952 million yuan, and in the first instance of a contract dispute, the defendant paid the plaintiff 804 million yuan for the purchase price and overdue payment losses. This new lawsuit has yet to be decided or settled, and there is uncertainty about the impact on profits.
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ST Yedao announced that in the past 12 months, the company and its subsidiaries have added an undisclosed total amount of 8.0933 million yuan, accounting for 10.83% of the absolute value of the company's most recent audited net assets; of this, the amount involved was 4.7682 million yuan as the plaintiff and 3,3251 million yuan as the defendant. Most of the cases were contract disputes, and are currently awaiting trial in the first trial, judgment, or second trial. Progress has also been disclosed in lawsuits. In one case of a contract dispute, the relevant subsidiary of the company paid the plaintiff a total of 4.7952 million yuan, and in the first instance of a contract dispute, the defendant paid the plaintiff 804 million yuan for the purchase price and overdue payment losses. This new lawsuit has yet to be decided or settled, and there is uncertainty about the impact on profits.
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