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According to Shunjing Technology's announcement, the company sued the Ninth Water Conservancy Bureau to the People's Court of Yuancheng District of Heyuan City on the grounds of a construction contract dispute. The total amount involved in the case was 476.941 million yuan. The claim has been divested to the trust company, and subsequent recovery will not have a significant impact on the company's profits. In addition, the company and its holding subsidiary also had a dispute between Lin Xiaojun and his bankruptcy claims in the past 12 months. The case involved 7 million yuan, and the case has not yet been filed. The previous private loan dispute with the Xinjiang Water Resources and Hydropower Company was handled according to the withdrawal of the lawsuit, and did not affect the company's profits.
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According to Shunjing Technology's announcement, the company sued the Ninth Water Conservancy Bureau to the People's Court of Yuancheng District of Heyuan City on the grounds of a construction contract dispute. The total amount involved in the case was 476.941 million yuan. The claim has been divested to the trust company, and subsequent recovery will not have a significant impact on the company's profits. In addition, the company and its holding subsidiary also had a dispute between Lin Xiaojun and his bankruptcy claims in the past 12 months. The case involved 7 million yuan, and the case has not yet been filed. The previous private loan dispute with the Xinjiang Water Resources and Hydropower Company was handled according to the withdrawal of the lawsuit, and did not affect the company's profits.
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