Weiye Co., Ltd. announced that as of October 9, 2026, the company and its holding subsidiaries had accumulated a total amount of about 67.1073 million yuan in litigation and arbitration matters for 12 consecutive months. Both the company and its subsidiaries were the respondent parties, accounting for 11.61% of the company's most recent audited net assets. Of these, two construction contract disputes involved a total amount of 49.375 million yuan, and no court has yet been heard; 30 other small claims lawsuits totaled 177.32,300 yuan. As some cases have yet to be tried or settled, there is uncertainty about the impact on the company's profits.
Zhitongcaijing · 3d ago
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Weiye Co., Ltd. announced that as of October 9, 2026, the company and its holding subsidiaries had accumulated a total amount of about 67.1073 million yuan in litigation and arbitration matters for 12 consecutive months. Both the company and its subsidiaries were the respondent parties, accounting for 11.61% of the company's most recent audited net assets. Of these, two construction contract disputes involved a total amount of 49.375 million yuan, and no court has yet been heard; 30 other small claims lawsuits totaled 177.32,300 yuan. As some cases have yet to be tried or settled, there is uncertainty about the impact on the company's profits.
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