According to the Xingyuan Environmental announcement, Zhejiang Xingyi Ecology, a subsidiary of the company, became the executee due to a construction contract dispute involving 6.91 million yuan. Recently, the People's Court of Fenghua District of Ningbo City decided to auction off 29% of Zhejiang Xingyi's shares in Shanxi Shuitou Yiyuan Water Services. Furthermore, as of the date of disclosure of the announcement, the company also had a small claim lawsuit involving an amount of 108,900 yuan, which is currently in the first trial stage. The company will handle it in accordance with the guidelines, and the final impact will be based on the audit confirmation data.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.