Sino-Singapore Jingwei, December 8th, on the evening of the 7th, the Shanghai Stock Exchange issued the "Supervisory Work Letter on Suzhou Navitas Technology Co., Ltd. Involved in Litigation", which involves listed companies, intermediary agencies and related personnel.

  After the market closed on December 6, Navitas Technology disclosed the "Announcement Regarding Litigation Involvement", saying that on December 5, 2022, the company received a letter from the Intermediate People's Court of Suzhou City, Jiangsu Province

regarding Han Han (the general manager of the company's original biological business department) , has resigned) sued the company

, Suzhou Nabai and the company's chairman Mr. BIWANG JACK JIANG (Jiang Biwang) and other three parties' "Civil Indictment" and other related materials.

  According to the announcement, Han Han sued for the following requirements: (1) Confirm that Suzhou Nabai owns the property share of Suzhou Nabai Management Consulting Partnership (Limited Partnership) of 5.6984 million yuan at a consideration of 51.5565 million yuan; (2)

require the company to pay Han Han The purchase price for 2.6566 million incentive shares is 123 million yuan, and the loss of capital occupation will be borne.

  The above announcement mentioned that the plaintiff, Han Han, was hired by the company in April 2017 as the sales director and the general manager of the biological business department.

  Navitas Technology stated that the case involved in this announcement has not yet been heard in court, and the amount involved is only the request and amount of Han Han’s lawsuit and does not represent the result of the court trial.

The final judgment is still uncertain, and it is currently impossible to predict the impact on the company's profits in the current period or after the period. The final actual impact is subject to the effective judgment of the court.

  Navitas Technology emphasized that the lawsuit is a dispute over the property shares held by the resigned employees in the company's employee stock ownership platform. The purchase obligation has no significant impact on the normal operation of the company.

  According to the official website of Navitas Technology, Suzhou Navitas Technology Co., Ltd. is a company specializing in the research and development, large-scale production, sales and application services of high-performance nanosphere materials, providing customers in the fields of biomedicine, flat panel display, analysis and testing, and in vitro diagnostics. A high-tech enterprise of core microsphere materials and related technical solutions.

  According to Wind data, on December 7, Navitas Technology fluctuated after opening low, and closed down slightly by 0.55% to 59.57 yuan, with a latest market value of 24 billion yuan.

  On October 28, Navitas Technology disclosed the "Report for the Third Quarter of 2022". The operating income in the first three quarters was 470 million yuan, a year-on-year increase of 66.63%;

the net profit attributable to shareholders of listed companies was 212 million yuan, a year-on-year increase of 83.90%.

(Sino-Singapore Jingwei APP)