ST Communications announced that as of the disclosure date of this announcement, the company had received a total of 1,829 lawsuits from investors, involving a total amount of 535 million yuan. This month, the company reached a settlement or conciliation with 13 investors, requiring compensation of 2.196,600 yuan; the execution of 1 effective judgment was completed, involving an amount of 449,700 yuan; the original judgment was upheld in 19 cases in the second instance, requiring compensation of 2,917,600 yuan. Up to now, the total compensation amount for cases where the company has assumed liability is 806.109 million yuan, which has not exceeded the cumulative estimated liabilities of 219.8858 million yuan, which has no impact on current profit and loss. There are still 923 unresolved cases involving 282 million yuan in lawsuits.

Zhitongcaijing · 1d ago
ST Communications announced that as of the disclosure date of this announcement, the company had received a total of 1,829 lawsuits from investors, involving a total amount of 535 million yuan. This month, the company reached a settlement or conciliation with 13 investors, requiring compensation of 2.196,600 yuan; the execution of 1 effective judgment was completed, involving an amount of 449,700 yuan; the original judgment was upheld in 19 cases in the second instance, requiring compensation of 2,917,600 yuan. Up to now, the total compensation amount for cases where the company has assumed liability is 806.109 million yuan, which has not exceeded the cumulative estimated liabilities of 219.8858 million yuan, which has no impact on current profit and loss. There are still 923 unresolved cases involving 282 million yuan in lawsuits.