Yunwei Group: Wholly-owned subsidiary lawsuit first-instance judgment, involving an amount of 32,764,000 yuan.
Cloud Maintenance Corporation announced that its wholly-owned subsidiary, Qujing Company, had previously brought a lawsuit against Xinpeng Company and others for a contract dispute. After Quanhe Company paid 963,693.91 yuan, the company withdrew its lawsuit against them. On January 30, 2026, the first instance ruled that Xinpeng Company must repay Qujing Company's debt of 25.5997 million yuan and a penalty of 7.1643 million yuan within 30 days, totaling 32.764 million yuan; He Yongfu and others bear joint guarantee responsibility; Qujing Company has priority for repayment rights on Xinpeng Company's mortgaged equipment. The first instance judgment is in the appeal period and has not taken effect. The company has made a full provision for bad debts for the accounts receivable, and this lawsuit has no negative impact on profits.
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