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Beihua Co., Ltd. announced that its subsidiary Shanxi Xinhua Chemical Equipment Research Institute Co., Ltd. and its subsidiary Xinjiang Xinhua Environmental Protection Technology Co., Ltd. recently received a summons from the People's Court of Toxon County of the Xinjiang Uygur Autonomous Region. Xinjiang Heishan Coal Chemical Co., Ltd. sued the Chemical Prevention Equipment Research Institute to use 230 million yuan of supporting capital raised from the fund-raising project to fulfill the investment obligation to Xinjiang Xinhua and pay about 886.26 million yuan in overdue investment interest, and also sued the advance payment of 13.5521 million yuan for the project and 137 million yuan included in the Xinjiang Xinhua Capital Reserve. Should The interest was approximately RMB 10.3951 million. The case has been accepted, has not yet been heard, and will be heard on November 26, 2026. According to the company's own investigation, the 30,000 ton activated carbon fund-raising project was terminated by the shareholders' meeting decision in 2022 due to adverse changes in the environment where it was implemented.
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Beihua Co., Ltd. announced that its subsidiary Shanxi Xinhua Chemical Equipment Research Institute Co., Ltd. and its subsidiary, Xinjiang Xinhua Environmental Protection Technology Co., Ltd., recently received a summons from the People's Court of Toxon County, Xinjiang Uygur Autonomous Region. Xinjiang Heishan Coal Chemical Co., Ltd. sued the Chemical Prevention Equipment Research Institute to use 230 million yuan of supporting capital raised from the fund-raising project to fulfill the investment obligation to Xinjiang Xinhua and pay about 886.26 million yuan in overdue investment interest, and also sued the advance payment of the project amount of 13.5521 million yuan and 137 million yuan included in the Xinjiang Xinhua Capital Reserve. Should The interest was approximately RMB 10.3951 million. The case has been accepted, has not yet been heard, and will be heard on November 26, 2026. According to the company's own investigation, the 30,000 ton activated carbon fund-raising project was terminated by the shareholders' meeting decision in 2022 due to adverse changes in the environment where it was implemented.
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