SUNSEA Telecommunications Co LtdCompany disclosed 17 new lawsuits and arbitrations totaling 10.33 million yuan, representing 16.33% of net assets, indicating legal and regulatory risks.

Sunsea AIoT announced that the company and its controlled subsidiaries have accumulated 17 new lawsuits and arbitration cases since June 13, 2026, involving a total amount of 10.33 million yuan, accounting for 16.33% of the company's most recent audited net assets. Among them, the amount involved in cases where the company and its controlled subsidiaries are defendants or respondents is 3.42 million yuan, and the amount for cases where they are third parties is 6.92 million yuan. In the first quarter of 2026, Sunsea AIoT achieved revenue of 670 million yuan and a net profit attributable to the parent company of 9.86 million yuan.
SUNSEA Telecommunications Co LtdCompany disclosed 17 new lawsuits and arbitrations totaling 10.33 million yuan, representing 16.33% of net assets, indicating legal and regulatory risks.