A solicitação de reexame do processo de indenização por promessa de desempenho da Jingyan Technology foi rejeitada. O pagamento executado foi de apenas 16,06 mil yuans.

Jiangsu Jingyan Technology Co., Ltd. (Stock code: 300709, Stock abbreviation: Jingyan Technology) announced recently that the company received a “Civil Ruling” issued by the Jiangsu Higher People’s Court, which dismissed the retrial application filed by Chen Mingfang and Zheng Yilin regarding their performance commitment compensation matters.

It is understood that the dispute over performance compensation between Jingyan Technology and Chen Mingfang and Zheng Yilin (Chen Mingfang’s husband) began in March 2023, when the company filed a lawsuit with the Zhonglou District People’s Court of Changzhou City. The case went through first and second instance procedures, and the Intermediate People’s Court of Changzhou issued a final judgment in April 2024, ordering Chen Mingfang and Zheng Yilin to pay the company performance compensation of 90.9331 million yuan, a penalty for breach of contract of 750,000 yuan, and legal fees of 200,000 yuan.

Due to Chen Mingfang and Zheng Yilin’s failure to fulfill the effective judgment, Jingyan Technology has applied to the court for enforcement, legally freezing their relevant equity assets, and has identified some real estate clues. The company also applied to auction or sell the 10% equity stake held by Chen Mingfang in Shenzhen Antxin Technology Co., Ltd. However, to date, only 160,600 yuan has been deducted from the bank accounts and online payment accounts of the persons subject to enforcement.

The announcement specifically points out that, because Chen Mingfang and Zheng Yilin have limited assets available for enforcement, the outcome of enforcement is highly uncertain, and the overall recovery scale of the case is limited. The company has not yet recognized the income from the unpaid performance compensation. The impact of this case on the company’s current or future profits will depend on subsequent enforcement progress.

In addition, Jingyan Technology stated that as of the date of this announcement, the total amount involved in small claims and arbitration cases in the past 12 months by the company and its controlling subsidiaries is approximately 33.1422 million yuan (excluding the amount of litigation disclosed this time), and there are no major litigation or arbitration matters that should be disclosed but have not been disclosed. The company will continue to monitor the follow-up developments of this matter and will legally safeguard the legitimate rights and interests of the company and its shareholders.

Click to view the original announcement>>

Disclaimer: The market involves risks; investment should be cautious. This article is automatically published by an AI large model based on third-party databases and does not represent Sina Finance’s views. All information appearing in this article is for reference only and does not constitute personal investment advice. Please refer to the actual announcement for any discrepancies. If you have questions, please contact biz@staff.sina.com.cn.

Massive information, precise interpretation, all on Sina Finance APP

Editor: Xiaolang Kuaibao