Shenzhen SED Industry has added 185 new litigation and arbitration cases since the last litigation announcement, with total claims amounting to 949 million yuan, exceeding 10% of the company's most recent audited net assets. Among these, there are 25 cases where the company is the plaintiff, involving claims of 777 million yuan, and 160 cases where it is the defendant, involving claims of 172 million yuan, mainly disputes over construction contracts. The company also released its half-year performance forecast, expecting a net loss attributable to the parent company of between 193 million and 243 million yuan for the first half of 2026, a significant widening from the loss of 97.4891 million yuan in the same period last year. The company explained that its cleanroom services business was affected by intense competition in the domestic market, leading to a year-on-year decline in overall gross margin, while this business accounted for over 80% of revenue in 2025. In addition, its subsidiary China Electronics System Engineering No. 2 Construction Co., Ltd. paid 109 million yuan in supplementary corporate income tax and 12.9177 million yuan in late payment surcharges in June 2026, which is expected to reduce the company's net profit attributable to the parent by approximately 61.9534 million yuan for 2026.
Shenzhen Sed Industry Co Ltd185 new lawsuits with total claims of 949 million yuan, exceeding 10% of net assets, and a significant widening of first-half loss due to intense competition and a 109 million yuan tax payment.
Subsidiary paid 109 million yuan in supplementary corporate income tax and late payment surcharges, reducing parent company's net profit.