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Wenke Co., Ltd. announced that for 12 consecutive months, the company and its holding subsidiaries added a total amount of 22.3883 million yuan in undisclosed lawsuits and arbitration matters. The cumulative amount involved in the case has exceeded 10% of the absolute value of the company's most recent audited net assets, which has met the disclosure standards. The new cases include 3 construction contract disputes and 7 cases of less than 1 million yuan. Currently, they are all pending in the first instance, and there is uncertainty about the impact of the cases on the company's profits in the current period or after the period.
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Wenke Co., Ltd. announced that for 12 consecutive months, the company and its holding subsidiaries added a total amount of 22.3883 million yuan in undisclosed lawsuits and arbitration matters. The cumulative amount involved in the case has exceeded 10% of the absolute value of the company's most recent audited net assets, which has met the disclosure standards. The new cases include 3 construction contract disputes and 7 cases of less than 1 million yuan. Currently, they are all pending in the first instance, and there is uncertainty about the impact of the cases on the company's profits in the current period or after the period.
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