*ST Guangtang announced that its wholly-owned subsidiary Yunou Logistics Company was involved in a storage contract dispute and all of the plaintiff's COFCO claims were rejected in the first instance, and COFCO disagreed with the appeal. Recently, Yunou Logistics Company received a “Notice of Response” in the second trial, involving 27.45 million yuan. Furthermore, as of the announcement date, other lawsuits and arbitration cases disclosed by the company had different developments, and the total amount of capital involved in small claims lawsuits was 5.7461 million yuan. The outcome of this lawsuit is uncertain, and the impact on the company's profits cannot be determined yet.
Zhitongcaijing · 2d ago
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*ST Guangtang announced that its wholly-owned subsidiary Yunou Logistics Company was involved in a storage contract dispute and all of the plaintiff's COFCO claims were rejected in the first instance, and COFCO disagreed with the appeal. Recently, Yunou Logistics Company received a “Notice of Response” in the second trial, involving 27.45 million yuan. Furthermore, as of the announcement date, other lawsuits and arbitration cases disclosed by the company had different developments, and the total amount of capital involved in small claims lawsuits was 5.7461 million yuan. The outcome of this lawsuit is uncertain, and the impact on the company's profits cannot be determined yet.
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