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Nanjing Sciyon Automation Group Co Ltd

Nanjing Sciyon Wisdom Technology Group Co., Ltd. produces and sells industrial automation and informatization products and solutions in China and internationally. Its activities include building intelligent systems design, power generation and distribution, software development and sales, information system integration, and the manufacture of industrial automatic control systems and equipment. The company also makes and sells intelligent instruments, meters, and mechanical and electrical equipment, and provides technical services, solar power technology services, and property management. Founded in 1993, it is based in Nanjing, China.

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Sciyon Wisdom Fully Recovers 85 Million Yuan in Execution Payment from Shanghai Pudong Development Bank Nantong Branch Savings Contract Dispute

The second-instance final judgment in the savings contract dispute between Sciyon Wisdom's wholly-owned subsidiary Nanjing Sciyon Wisdom Energy Investment Co., Ltd. and Shanghai Pudong Development Bank Nantong Branch has taken effect. The company has received the execution payment of 85 million yuan corresponding to the case, and all funds involved in this litigation have been fully recovered. The company disclosed the matter in an announcement on September 11, 2026, stating that the interest recovered from this litigation is expected to have a small positive impact on the company's current-period profit, with the specific impact amount subject to the annual audit confirmation. As of the announcement date, all related funds in the case, involving an amount of 295 million yuan, have been fully recovered, with principal, interest, and overdue interest all received in full.
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Sciyon Wisdom Releases 2026 Interim Report with Net Profit of 162 Million Yuan

Sciyon Wisdom released its 2026 interim report. Total operating revenue was 1.083 billion yuan, net profit attributable to the parent company was 162 million yuan, and net cash flow from operating activities was negative 3.7151 million yuan. The company's latest asset-liability ratio was 37.46 percent, up 0.16 percentage points from the same period last year. The latest gross margin was 41.13 percent, down 1.15 percentage points from the previous quarter. The latest return on equity was 6.56 percent, and diluted earnings per share was 0.68 yuan. The company's latest total asset turnover was 0.28 times, inventory turnover was 1.11 times, the number of shareholders was 23,200, and the top ten shareholders held 142 million shares, accounting for 58.97 percent of total share capital.
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Shanghai Pudong Development Bank Nantong Branch Appeals First-Instance Loss, Case Against Sciyon Wisdom Subsidiary for 295 Million Yuan Enters Second Instance

Shanghai Pudong Development Bank Nantong Branch has filed an appeal after losing the first-instance judgment, moving the case against Nanjing Sciyon Wisdom Energy Investment, a wholly-owned subsidiary of Sciyon Wisdom, for compensation of 295 million yuan to the second instance. In July 2026, the Xuanwu District People's Court of Nanjing ruled in the first instance that the existing evidence was insufficient to prove that the smart energy investment company was at fault, and dismissed all claims of Shanghai Pudong Development Bank Nantong Branch. The bank is requesting to overturn the first-instance judgment and amend it to support all its original claims, demanding that the smart energy investment company compensate 295 million yuan plus corresponding interest, and asserting that the first defendant in the original trial and the smart energy investment company committed joint infringement and should bear joint and several liability. Sciyon Wisdom and its wholly-owned subsidiary believe that the first-instance judgment correctly found the facts and applied the law, and will actively respond to the lawsuit. As the second instance has not yet opened, the outcome of the litigation is uncertain, and it is currently impossible to determine the impact on the company's profits.
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