300854SZSE
🚨 Material Event

Announcement on the Progress of Major Litigation

✨ AI Summary

This announcement informs about the progress of a major litigation involving the company and its wholly-owned subsidiary. The Supreme People's Court of China has rejected the retrial applications from both parties, with the case amounting to approximately 148.77 million yuan. The company confirms that its business operations remain normal and urges investors to be cautious.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Securities Code: 300854
Securities Abbreviation: Zhonglan Environmental Protection
Announcement Number: 2026-040

Zhonglan Environmental Protection Technology Co., Ltd. announces the progress of major litigation.

Important Notice:

  1. Current stage of litigation (arbitration): The second-instance judgment has taken effect, and enforcement is ongoing. The company's wholly-owned subsidiary, Wuhan Zhongzhilan Environmental Protection Technology Co., Ltd. (hereinafter referred to as "Zhongzhilan Company"), and Wuhan HuanTou Solid Waste Operation Co., Ltd. (hereinafter referred to as "HuanTou Solid Waste Company") have both applied for retrial. The Supreme People's Court of the People's Republic of China ruled to reject both retrial applications.
  2. Position of the listed company: Respondent.
  3. Amount involved in this case: 148.77116561 million yuan.
  4. Impact on the company's profit and loss: Currently, the company's business operations are normal. Investors are advised to invest rationally and be aware of investment risks.

Sign in to read the full translation

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