Yijing Optoelectronics has accumulated litigation exposure of 82.53 million yuan over twelve consecutive months, accounting for 16.58% of its audited net assets in 2024.

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China Crystal Electronics Co., Ltd. (Stock Code: 600537, Stock Abbreviation: China Crystal Electronics) announced on March 19, 2026, that it disclosed the status of ongoing lawsuits and arbitration cases that have not been disclosed within the company’s and its subsidiaries’ consolidated financial statements for the past twelve months. The announcement shows that as of the disclosure date, there are a total of 16 cases, involving a total amount of 82,534,651.75 yuan, accounting for 16.58% of the company’s audited net assets as of 2024. Among them, 1 case involves the company and its subsidiaries as the plaintiff/applicant, with an amount of 20,000 yuan; 15 cases involve the company and its subsidiaries as the defendant/respondent, with an amount of 82,514,700 yuan.

According to the announcement, of the 16 cases, 5 have been concluded, 9 are under trial, and 2 are at the filing stage. All cases involve the company’s subsidiaries within the scope of consolidated statements, covering disputes over construction engineering contracts, sales contracts, labor contracts, and other types.

The case details where the company or its subsidiaries are the plaintiff/applicant are as follows:

Among the 15 cases where the company or its subsidiaries are the defendant/respondent, the concluded cases include: Huzhou Dongke Electronic Quartz Co., Ltd. v. Chuzhou China Crystal Electronics Co., Ltd. for sales contract dispute (settled through mediation, involving 3.2384 million yuan), Suzhou Yabu Li Supply Chain Management Co., Ltd. v. Chuzhou China Crystal Electronics Co., Ltd. for sales contract dispute (settled through mediation, involving 50,200 yuan), Liu Jianyi v. Changzhou China Crystal Electronics Co., Ltd. for labor contract dispute (resolved through labor arbitration, involving 70,000 yuan), Huzhou Haorui Electronics Co., Ltd. v. Changzhou China Crystal Electronics Co., Ltd. for contract dispute (settled through reconciliation, involving 66,000 yuan), and Hongshun New Energy Materials Technology (Zhejiang) Co., Ltd. v. Chuzhou China Crystal Electronics Co., Ltd. for sales contract dispute (settled through mediation, involving 3.0147 million yuan).

The announcement points out that some of these lawsuits have not yet gone to court or been concluded. The specific impact amount will be determined based on the final court judgment and enforcement amount. The company will perform relevant accounting treatment in accordance with the requirements of the Enterprise Accounting Standards and actual circumstances. The company states that it will disclose information in a timely manner based on the progress of cases and reminds investors to be cautious of investment risks. As of the date of this announcement, the company has no other major lawsuits or arbitration matters that need to be disclosed but have not been disclosed.

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Editor: Xiao Lang Kuai Bao