Addsino reveals significant litigation and arbitration cases

Addsino and its subsidiaries are involved in cumulative litigation and arbitration cases totaling 70,750.05万元, representing 13.63% of the company's latest audited net assets. This figure includes cases where the company is the plaintiff (21,605.56万元), defendant/respondent (47,249.58万元), and third-party (1,894.91万元).

Notable cases include Aerospace Hi-Tech Simulation Technology (Beijing) Co., Ltd. facing claims of 3,176.30万元 and 3,022.09万元 for contract disputes, and 11,172.51万元 for damages. Additionally, Chongqing Haowei’er Enterprise Management Consulting Partnership (Limited Partnership) is involved in an investment contract dispute of 33,401.07万元.

The company notes that the financial impact of these ongoing cases on current or future profits remains uncertain. Addsino has pledged to monitor developments closely and take legal action to protect its interests, while also committing to timely disclosure of information.