LEEJUN(SZ:002651) Mei Ri Jing Ji Xin Wen·2025-06-05 13:39Core Viewpoint - The stock price of Lijun Co., Ltd. experienced a significant rise followed by a notable decline, coinciding with a legal dispute regarding unpaid project funds with a major contractor [1][5]. Group 1: Stock Performance - From May 6 to May 19, Lijun Co., Ltd. saw its stock price increase significantly, achieving "9 days 8 boards" of gains [1]. - Since the peak on May 19, the company's stock price has dropped nearly 20% [1][5]. Group 2: Legal Dispute - Lijun Holdings (Singapore) Pte. Ltd., a wholly-owned subsidiary of Lijun Co., Ltd., has been sued by China Metallurgical North (Dalian) Engineering Technology Co., Ltd. for unpaid project funds amounting to 33.73 million yuan [2]. - The lawsuit stems from a procurement contract related to the SINO iron ore project, with a total contract value of 173 million yuan, of which Lijun Holdings has already paid 120 million yuan [2]. - The company claims the non-payment is due to quality issues with the delivered work, and it intends to actively communicate and defend its rights in the legal proceedings [2][4].