300472SZSE
🚨 Material Event

Announcement on Major Litigation of the Company

*ST Xinyuan Co., Ltd.··3 pages

✨ AI Summary

Wanxiang Xinyuan Technology Co., Ltd. has initiated a lawsuit against multiple defendants regarding a construction contract dispute, claiming 72,617,000 yuan plus interest. The case is currently filed but has not yet been heard in court. The potential impact on the company's profits remains uncertain at this stage.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Important Content Reminder:

  1. Current stage of the lawsuit: Filed, not yet heard.
  2. Company's position: Plaintiff.
  3. Amount involved: 72,617,000 yuan plus interest.
  4. Impact on the company's profit: The specific impact on current or future profits remains uncertain as the case has not yet been heard.

I. Basic Information on the Major Litigation

Wanxiang Xinyuan Technology Co., Ltd. (hereinafter referred to as "the Company") has filed a lawsuit against Guizhou Broadcasting and Television Information Network Co., Ltd. Fuquan Branch, Guizhou Broadcasting and Television Information Network Co., Ltd., and Guizhou Runquan Industrial Co., Ltd. due to a construction contract dispute. The People's Court of Fuquan City, Guizhou Province has accepted the case, with case number (2026) Qian 2702 Minchu 2926. The details are announced as follows:

II. Basic Situation of the Lawsuit

(1) Parties to the Lawsuit

  • Plaintiff: Wanxiang Xinyuan Technology Co., Ltd.
  • Defendant 1: Guizhou Broadcasting and Television Information Network Co., Ltd. Fuquan Branch
  • Defendant 2: Guizhou Broadcasting and Television Information Network Co., Ltd.
  • Defendant 3: Guizhou Runquan Industrial Co., Ltd.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.