Zhengzhong Design disclosed that over the past twelve consecutive months, the total amount involved in new lawsuits and arbitration cases has reached 148 million yuan, exceeding 10% of the company's most recent audited net assets. Of this, cases where the company is the plaintiff or applicant total 76.963 million yuan, while cases where it is the defendant or respondent total 71.5276 million yuan. The company stated that some cases are still ongoing, and the impact on its financial position remains highly uncertain. The company's performance has been rising in recent years, with net profits of 95.42 million yuan in 2024 and 153.9 million yuan in 2025, and first-quarter net profit this year up 45.91% year-on-year to 35.73 million yuan. The controlling shareholder, Yatai Yizhao, has disclosed share reduction plans twice in the past year, reducing its holdings by 8,993,806 shares last November and planning to reduce by no more than 8,997,606 shares again this May. On July 17, Zhengzhong Design's share price fell 3.18% to 10.35 yuan per share, with a year-to-date decline of about 30%.
Shenzhen Asiantime International Construction Co LtdCompany faces 148 million yuan in new lawsuits exceeding 10% of net assets, with high uncertainty on financial impact.