Greenland Holdings(SH:600606) Zhong Guo Jing Ji Wang·2025-09-15 08:59Core Viewpoint - Greenland Holdings (600606.SH) reported a significant number of lawsuits involving the company and its subsidiaries during July and August 2025, totaling 5,518 cases with a cumulative amount of 15.662 billion yuan [1][2]. Group 1: Lawsuit Details - The company and its subsidiaries were defendants in 5,234 lawsuits during July and August 2025, amounting to 12.339 billion yuan, with 716 cases resolved for 0.55 billion yuan and 4,518 pending cases for 11.788 billion yuan [1]. - The lawsuits categorized by type include: - Construction and procurement disputes: 2,011 cases, 6.578 billion yuan - Real estate sales and leasing disputes: 2,119 cases, 1.064 billion yuan - Other disputes: 1,104 cases, 4.697 billion yuan [1]. Group 2: Plaintiff Lawsuits - As a plaintiff, the company was involved in 284 lawsuits during the same period, totaling 3.323 billion yuan, with 21 cases resolved for 0.017 billion yuan and 263 pending cases for 3.306 billion yuan [2]. - The lawsuits categorized by type include: - Construction and procurement disputes: 129 cases, 2.722 billion yuan - Real estate sales and leasing disputes: 62 cases, 0.051 billion yuan - Other disputes: 93 cases, 0.551 billion yuan [2]. Group 3: Company Response - The company acknowledges the significant pressure from ongoing lawsuits in the real estate and infrastructure sector, which is still in an adjustment phase [2]. - To address these challenges, the company has prioritized lawsuit resolution by establishing dedicated task forces, implementing leadership accountability, enhancing supervision and assessment, and improving mechanisms for resolving major lawsuits [2].