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According to Wandes's announcement, the company received lawsuit materials from the Ordos Intermediate People's Court and was sued by Inner Mongolia Erdos Yongmei Mining Co., Ltd. to assume joint compensation and joint liability for the collapse of the Mataigou Coal Mine Water Project. The amount involved was about 756 million yuan. The company has previously sued Yongmei Mining over the project. The company hired a lawyer to assess that the plaintiff's claim had no factual or legal basis. The case has not been heard, and the final outcome is yet to be determined. It is expected that there will be no significant impact on daily operations, and the company will actively respond to the lawsuit.
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According to Wandes's announcement, the company received lawsuit materials from the Ordos Intermediate People's Court and was sued by Inner Mongolia Erdos Yongmei Mining Co., Ltd. to assume joint compensation and joint liability for the collapse of the Mataigou Coal Mine Water Project. The amount involved was about 756 million yuan. The company has previously sued Yongmei Mining over the project. The company hired a lawyer to assess that the plaintiff's claim had no factual or legal basis. The case has not been heard, and the final outcome is yet to be determined. It is expected that there will be no significant impact on daily operations, and the company will actively respond to the lawsuit.
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