ZJBC Information Technology Co., Ltd. announced that it recently received the second-instance judgment from the Beijing Third Intermediate People's Court regarding its surplus distribution dispute with Beijing ZTJH Information Technology Co., Ltd. The court rejected the appeal and upheld the original ruling. The second-instance case acceptance fee of 191,800 yuan is to be borne by the company, and the judgment is final. The company filed the lawsuit in February 2025, lost the first instance in March 2026, and then appealed. Now the second instance has upheld the original judgment, and the company is unable to obtain the rights and interests involved in the case. The company stated that first-instance related expenses were already recognized in profit or loss for fiscal year 2025, and the second-instance acceptance fee and legal fees will affect current-period profit, with the final impact subject to audit results. The company also disclosed three small-value litigation and arbitration cases, with a total amount involved of 225,400 yuan.
ZJBC Information Technology Co LtdZJBC lost its final appeal in the surplus distribution dispute, cannot obtain the rights involved, and must bear the 191,800 yuan second-instance fee, hitting current-period profit.
Beijing ZTJH prevailed as the court upheld the original ruling against ZJBC in the surplus distribution dispute.
