Shuanglin Auto Parts receives additional performance compensation

Ningbo Shuanglin Auto Parts (SZSE:300100) announced it has received an additional RMB 3,441,268.17 in cash compensation from Ninghai Jinshi Equity Investment Fund, a performance commitment party, as part of ongoing litigation related to the company's 2020 performance targets. This brings the total amount received to date to RMB 165,508,628.14. These funds will be directly recognized into current profit and loss, increasing the 2025 total profit by RMB 3,441,268.17 and 2024 total profit by RMB 162, 067, 359.97. The company stated that it will continue to update investors on further developments as it receives additional funds.