欠款5000多万元被告上法庭!甘肃能化及子公司累计涉诉金额超10亿元

Core Viewpoint - Gansu Energy Chemical Co., Ltd. is facing a lawsuit involving a construction contract dispute, with a claim for approximately 51.45 million yuan in unpaid project costs and related fees from China Chemical Engineering Fourth Construction Co., Ltd. [2][4] Group 1: Legal Issues - Gansu Energy Chemical's subsidiaries, Jingmei Energy Co., Ltd. and Liu Chemical Co., Ltd., are being sued for unpaid construction costs related to a project contract signed in October 2023, with a total contract value of approximately 80.18 million yuan [3][4] - The lawsuit stems from disagreements over additional project costs due to design changes and discrepancies between bidding and construction drawings, leading to a claim for 51.45 million yuan in unpaid amounts [4] - As of mid-December, Gansu Energy Chemical has reported a total of 154 ongoing or extended litigation cases, with a combined amount involved of approximately 1.063 billion yuan [3][4] Group 2: Financial Performance - Gansu Energy Chemical has experienced significant fluctuations in profitability, with net profits soaring to 3.169 billion yuan in 2022 but declining to 1.738 billion yuan in 2023 and projected to drop further to 1.214 billion yuan in 2024 [7] - The company reported a loss of 182 million yuan in the first half of 2025, attributed to a heavy reliance on coal prices, which have been volatile [7][9] - The coal segment accounted for 76.29% of the company's revenue in the first half of 2023, highlighting the company's vulnerability to coal price fluctuations [7] Group 3: Operational Challenges - Gansu Energy Chemical's coal production and sales figures for the first half of 2025 were 8.6716 million tons and 6.6293 million tons, respectively, with electricity generation at 1.976 billion kWh [8] - The company faced operational disruptions due to two safety incidents in 2025, impacting production capabilities [8] - The performance of the acquired Jiashan Coal Power asset, which was previously a significant profit contributor, has turned into a liability, with a reported loss of 188 million yuan in the first half of 2025 [9][10]

GANSU EC-欠款5000多万元被告上法庭!甘肃能化及子公司累计涉诉金额超10亿元 - Reportify