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Sifang New Materials announced that due to a sales contract dispute with Reconstruction First Municipal Corporation, the company filed a lawsuit requesting that it pay the purchase price, loss of capital occupation and related expenses, totaling 9.7915 million yuan. On December 29, 2025, the two sides signed the “Implementation Settlement Agreement”. The remaining purchase price and acceptance fee will be paid in two installments. From October 10, 2024 to April 1, 2025, the company involved 84 lawsuits and arbitration, with a principal amount of 222 million yuan; after September 2, 2025, 49 new projects were added, involving 134 million yuan. As some cases have not been completed, it is not possible to determine the impact on the company's profits.

Zhitongcaijing·12/30/2025 08:25:02
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Sifang New Materials announced that due to a sales contract dispute with Reconstruction First Municipal Corporation, the company filed a lawsuit requesting that it pay the purchase price, loss of capital occupation and related expenses, totaling 9.7915 million yuan. On December 29, 2025, the two sides signed the “Implementation Settlement Agreement”. The remaining purchase price and acceptance fee will be paid in two installments. From October 10, 2024 to April 1, 2025, the company involved 84 lawsuits and arbitration, with a principal amount of 222 million yuan; after September 2, 2025, 49 new projects were added, involving 134 million yuan. As some cases have not been completed, it is not possible to determine the impact on the company's profits.