Zhitong Finance APP Newsbestgameforearncrypto, Juli Culture (002247)(002247bestgameforearncrypto.SZ) issued an announcement that the company previously disclosed that Beijing Tencent Culture Media Co., Ltd.("Beijing Tencent") filed a lawsuit against Tianjin Dianwo Information Technology Co., Ltd.("Tianjin Dianwo") and Suzhou Meishengyuan Information Technology Co., Ltd.("Meishengyuan") with the Shenzhen Intermediate People's Court of Guangdong Province ("Shenzhen Intermediate People's Court") for a contract dispute between the company. On May 20, 2024, the company signed the "Enforcement Settlement Agreement" with Beijing Tencent under the auspices of the Shenzhen Intermediate People's Court.
Among them, Juli Culture should pay a total of 180 million yuan in cash to Beijing Tencent to repay its debts. If Juli Culture pays in full as contracted, Beijing Tencent voluntarily gives up all its rights to Juli Culture for the remaining debts exceeding 180 million yuan. Credits. Beijing Tencent has received 30.5558 million yuan from Juli Culture, and Juli Culture should pay another 149 million yuan to Beijing Tencent in installments. The specific payment arrangements are as follows: 14.4442 million yuan will be paid within 3 working days after this agreement takes effect, 55 million yuan will be paid before June 30, 2024, 40 million yuan will be paid before September 30, 2024, and the remaining 40 million yuan will be paid before December 31, 2024.
The announcement stated that since the second-instance judgment was an effective judgment, the company had accrued relevant losses in the early stage in accordance with the provisions of the Accounting Standards for Business Enterprises, and the cumulative amount of losses that had been accrued as of March 31, 2024 was 426 million yuan. According to the "Implementation Settlement Agreement" signed this time, the company will recoup losses of approximately 246 million yuan in the second quarter of 2024, which will significantly increase the net profit amount in the second quarter of 2024.