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Regarding “Internet reports that the local court in Guangzhou enforced the consumption restriction order against the chairman of the company, does this mean that the company is experiencing major difficulties in operating?” In response to the question, Nanwang Energy replied on the interactive platform that the company attached great importance to the relevant information about the company that appeared on the Internet on July 28 and actively communicated with the People's Court of Huangpu District of Guangzhou as soon as possible. According to verification, the matter stemmed from a construction project contract dispute case. The relevant matters have been properly handled. On July 28, the company obtained an execution notice to lift the consumption restriction order issued by the court [Guangdong 0112 Law No. 8213)], and the relevant consumption restrictions have been lifted. The matter did not affect the company's daily production and operation activities. Currently, everything is normal in the company's operation and management.
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Regarding “Internet reports that the local court in Guangzhou enforced the consumption restriction order against the chairman of the company, does this mean that the company is experiencing major difficulties in operating?” In response to the question, Nanwang Energy replied on the interactive platform that the company attached great importance to the relevant information about the company that appeared on the Internet on July 28 and actively communicated with the People's Court of Huangpu District of Guangzhou as soon as possible. According to verification, the matter stemmed from a construction project contract dispute case. The relevant matters have been properly handled. On July 28, the company obtained an execution notice to lift the consumption restriction order issued by the court [Guangdong 0112 Law No. 8213)], and the relevant consumption restrictions have been lifted. The matter did not affect the company's daily production and operation activities. Currently, everything is normal in the company's operation and management.
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