300266SZSE
🚨 Material Event

Announcement on the Progress of Major Litigation Involving a Subsidiary

Xingyuan Environment Co., Ltd.··3 pages

✨ AI Summary

This announcement details the progress of a major litigation involving Zhejiang Xingyi Ecological Engineering Co., Ltd. The court has ordered the auction of the subsidiary's 29% equity in Shanxi Water Investment Yiyuan Water Co., Ltd. The case involves a construction contract dispute with a claim amount of RMB 6.91 million. The outcome may impact the company's profitability.

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Full Translation

AI Translation· gemini_document

Securities Code: 300266 Securities Abbreviation: Xingyuan Environment Announcement No.: 2026-064

Xingyuan Environment Technology Co., Ltd.

Announcement on the Progress of Major Litigation Involving a Subsidiary

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.

Key Information Prompt:

  1. Litigation Stage: Enforcement;

  2. Party Status of the Listed Company's Subsidiary: Zhejiang Xingyi Ecological Engineering Co., Ltd. is the party subject to enforcement;

  3. Case Amount: RMB 6.91 million;

  4. Impact on the Listed Company's Profit and Loss: According to the "Execution Ruling," the 29% equity held by the party subject to enforcement, Zhejiang Xingyi Ecological Engineering Co., Ltd. (formerly known as Hangzhou Zhongyi Ecological Engineering Co., Ltd.), in Shanxi Water Investment Yiyuan Water Co., Ltd. will be auctioned.

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