ST纳川一子公司法定代表人被“限高”

Core Viewpoint - ST Nanchuan (300198.SZ) announced that its subsidiary, Liancheng Chengfa Water Environment Development Co., Ltd. (referred to as "Liancheng Water"), has had its legal representative, Lin Huixia, restricted from high consumption due to a construction contract dispute [2] Group 1 - Lin Huixia has been the chairman and general manager of Liancheng Water since 2019, and has served as a supervisor of ST Nanchuan since March 2021, and will serve as the chairman of the supervisory board from November 2024 [2] - The restriction on Lin Huixia is a result of her failure to fulfill payment obligations as specified in a legal document related to a recent construction contract dispute [2] - ST Nanchuan indicated that the impact of this legal issue on the company's current and future profits remains uncertain, and the company will handle accounting in accordance with accounting standards and actual circumstances [2]