According to the Intellectual Dynamics announcement, both major lawsuits have already been decided in the second instance. Case number Guangdong 03 Minzhang No. 4003. The company was the appellant. The amount involved was 150 million yuan and overdue interest. The appeal was rejected in the second instance and the original judgment was upheld. The processing fee of 791,900 yuan was borne by the appellant Zhou Guike; case number No. 3999, where the company was the appellant. The amount involved was 106 million yuan and overdue interest. The second trial also rejected the appeal and upheld the original judgment. The appeal fee of 599,800 yuan was borne by the company. The company intends to claim debt cancellation, and the specific impact of profit and loss is subject to actual performance. Furthermore, the company and its subsidiaries did not decide on small claims lawsuits or arbitration involving about 42,700 yuan.

Zhitongcaijing · 2d ago
According to the Intellectual Dynamics announcement, both major lawsuits have already been decided in the second instance. Case number Guangdong 03 Minzhang No. 4003. The company was the appellant. The amount involved was 150 million yuan and overdue interest. The appeal was rejected in the second instance and the original judgment was upheld. The processing fee of 791,900 yuan was borne by the appellant Zhou Guike; case number No. 3999, where the company was the appellant. The amount involved was 106 million yuan and overdue interest. The second trial also rejected the appeal and upheld the original judgment. The appeal fee of 599,800 yuan was borne by the company. The company intends to claim debt cancellation, and the specific impact of profit and loss is subject to actual performance. Furthermore, the company and its subsidiaries did not decide on small claims lawsuits or arbitration involving about 42,700 yuan.