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Datang Telecom announced that the first instance judgment in the sales contract dispute between Datang Microelectronics Technology Co., Ltd., a subsidiary of the company, against Wuhan Tianyu Information Industry Co., Ltd. was handed down. The court ruled that Wuhan Tianyu paid 180274 million yuan in purchase price and 1.756,800 yuan in liquidated damages, and rejected all of its counterclaims. The ruling had no negative impact on the company's profit and loss.
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Datang Telecom announced that the first instance judgment in the sales contract dispute between Datang Microelectronics Technology Co., Ltd., a subsidiary of the company, against Wuhan Tianyu Information Industry Co., Ltd. was handed down. The court ruled that Wuhan Tianyu paid 180274 million yuan in purchase price and 1.756,800 yuan in liquidated damages, and rejected all of its counterclaims. The ruling had no negative impact on the company's profit and loss.
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