Alto Electronics announced that Shenzhen Qianbaihui Intelligent Engineering Co., Ltd., a wholly-owned subsidiary of the company, was sued by Inner Mongolia Gilyihui Smart City Construction Co., Ltd., Chen Rongkai, Huang Changli, and Huang Lintao due to a construction project contract dispute. The amount involved is tentatively 135 million yuan. Currently, the court has filed and accepted the case and scheduled a hearing in the first instance. The company and its subsidiaries do not approve the plaintiff's claims and will actively respond to the lawsuit in accordance with the law. In addition to this lawsuit, the total amount of additional lawsuits and arbitration cases involving the company and its subsidiaries within the consolidated statement for 12 consecutive months was 578.34,500 yuan, accounting for 4.33% of the company's 2025 audited net assets. The lawsuit has yet to be decided, and there is still uncertainty about the impact on the company's profits.

Zhitongcaijing · 3d ago
Alto Electronics announced that Shenzhen Qianbaihui Intelligent Engineering Co., Ltd., a wholly-owned subsidiary of the company, was sued by Inner Mongolia Gilyihui Smart City Construction Co., Ltd., Chen Rongkai, Huang Changli, and Huang Lintao due to a construction project contract dispute. The amount involved is tentatively 135 million yuan. Currently, the court has filed and accepted the case and scheduled a hearing in the first instance. The company and its subsidiaries do not approve the plaintiff's claims and will actively respond to the lawsuit in accordance with the law. In addition to this lawsuit, the total amount of additional lawsuits and arbitration cases involving the company and its subsidiaries within the consolidated statement for 12 consecutive months was 578.34,500 yuan, accounting for 4.33% of the company's 2025 audited net assets. The lawsuit has yet to be decided, and there is still uncertainty about the impact on the company's profits.