Dongfeng Electronics' subsidiary is involved in a lawsuit of 9.92 million RMB, the trial has not yet started, and the outcome is pending.
Recently, Dongfeng Electronic Technology Co., Ltd. announced that its subsidiary Dongfeng Electric Drive System Co., Ltd. was sued by Murray Automotive Parts Co., Ltd. for a sales contract dispute and the case was filed to the Wuhan Economic and Technological Development Zone People's Court. The amount involved in the case is 9,928,908.66 yuan. The plaintiff claimed that the defendant repeatedly delayed payment, refused to fulfill the payment obligation since 2025, and constituted a serious breach of contract. The plaintiff requested the defendant to pay the overdue invoiced payable amount of 9,654,893.33 yuan and the delayed payment loss of 274,015.33 yuan, and bear the litigation costs. Currently, the case has not yet been heard in court, so it is not possible to determine the impact on the company's profits. The final decision will be subject to the court's ruling.
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