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Jingyuan Environmental Protection announced that its wholly-owned subsidiary, Nantong Jingyuan Cloud Computing Technology Co., Ltd. filed a lawsuit against Blue Cloud Technology Group Co., Ltd. and Li Jian due to a computing power cloud service contract dispute. The amount involved was $22.503 million and the corresponding late payment penalty of $1.4809 million. As of the announcement date, the case has been accepted but no trial has yet been held.
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Jingyuan Environmental Protection announced that its wholly-owned subsidiary, Nantong Jingyuan Cloud Computing Technology Co., Ltd. filed a lawsuit against Blue Cloud Technology Group Co., Ltd. and Li Jian due to a computing power cloud service contract dispute. The amount involved was $22.503 million and the corresponding late payment penalty of $1.4809 million. As of the announcement date, the case has been accepted but no trial has yet been held.
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