ZTGM(SH:603559) Shang Hai Zheng Quan Bao·2025-08-15 19:25Core Viewpoint - The company, Zhongtong Guomai Communication Co., Ltd., is currently involved in a significant lawsuit regarding a construction contract dispute, with the case now in the second instance of appeal [2][4]. Group 1: Lawsuit Overview - The company received a summons from the Jilin Province Tongyu County People's Court regarding a construction contract dispute with Zhongsheng Hongcheng (Group) Co., Ltd. [3] - The company has appealed against the first-instance judgment made by the Tongyu County People's Court, which ruled against it in the amount of 27,348,024.83 yuan plus interest [2][4]. - The second-instance case has been accepted by the Baicheng Intermediate People's Court, with the first hearing scheduled for August 21, 2025 [4][11]. Group 2: Legal Parties Involved - The appellant (original defendant) is Zhongtong Guomai Communication Co., Ltd., represented by its legal representative, Li Xuegang [5]. - The appellee (original plaintiff) is Zhongsheng Hongcheng (Group) Co., Ltd., represented by its legal representative, Gong Shufeng [6]. - The original defendant also includes China United Network Communications Co., Ltd. Jilin Province Branch [7][8]. Group 3: Appeal Details - The company requests the annulment of the first-instance judgment and seeks a retrial of the case [9]. - The appeal is based on several grounds, including procedural violations and errors in the original court's factual determinations [10]. - The company emphasizes that the original judgment improperly assigned financial responsibilities and failed to consider certain agreements related to cost-sharing [10]. Group 4: Financial Impact - As of the date of the announcement, the lawsuit has not yet been heard, and the final outcome remains uncertain regarding its impact on the company's current and future profits [12].