Jingwei Shares: Its wholly-owned subsidiary, Hongsheng Electric Power, is involved in a lawsuit with an amount of 103 million yuan at stake
2026-11-13 17:36:23
According to CoinMeta, based on a announcement by Jingwei Co., Ltd., its wholly-owned subsidiary Hangzhou Hongsheng Electric Power Design and Consulting Co., Ltd. received a "Notice of Response to Litigation" served by the People's Court of Changxing County, Huzhou City, Zhejiang Province. The construction project contract dispute case involving the plaintiff DianTou ZheChu (Changxing) Smart Energy Co., Ltd. against defendant Zhejiang Taihu Nenggu Technology Co., Ltd., defendant Hongsheng Electric Power, and defendant Zhejiang Changxing Electrical Engineering Co., Ltd. has been accepted, with the amount in dispute being 103 million yuan. The case has been filed but has not yet gone to trial. In this case, Hongsheng Electric Power is only responsible for the design work. Additionally, since January 17, 2026, the company and its subsidiaries have been involved in litigation and arbitration matters totaling approximately 113 million yuan, which exceeds 10% of the company's most recent audited net assets.
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Source:Jin10 Data
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