ST Jingfeng: Involved in two major lawsuits with a total amount of approximately 28.7263 million yuan.

date
25/03/2026
ST Jingfeng announced that the company is involved in two major lawsuits. In the first case, a subsidiary of the company, Shanghai Jingfeng, is the plaintiff. The first instance ruling requires the defendant to pay a total of 10.2385 million yuan for 57 pieces of equipment. Shanghai Jingfeng will bear the case acceptance fee of 64,600 yuan and the evaluation fee of 85,000 yuan, with the total amount involved in the case being approximately 10.3881 million yuan. In the second case, the company is the defendant, and the amount involved in the case is approximately 18.3382 million yuan. The impact of these two cases on the company's profits is still uncertain, and the company will closely monitor the progress and disclose information in a timely manner.