ST Huaxi: The final judgment of the second trial of the major lawsuit upheld the original judgment, and it is expected to reduce profits by 26.56 million yuan.
*ST Huaxi Announcement: The company was previously sued by Guixi Gongkong Jincheng Finance Leasing Co., Ltd. for a dispute in a financial leasing contract. The first-instance judgment ordered the company to pay a repurchase price of 31.3601 million yuan. After the company appealed, the second-instance judgment of the Intermediate People's Court of Yingtan City, Jiangxi Province rejected the appeal and upheld the original judgment. The company is responsible for the 198,600 yuan of second-instance case acceptance fees. This lawsuit is expected to reduce the company's current period profit by 26.656 million yuan, subject to the specific audit data of the annual auditor.
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