亚士创能及子公司涉重大诉讼 被诉欠付1.51亿元工程款

Core Viewpoint - Yashi Chuangneng Technology (Shanghai) Co., Ltd. is facing a lawsuit from China Railway Fourth Group Co., Ltd. over a construction contract dispute involving unpaid project funds amounting to 151.84 million yuan and related interest, with the case accepted by the Shijiazhuang Intermediate People's Court and yet to be heard [2][3] Group 1 - The lawsuit stems from a construction contract signed in March 2021 between Yashi Chuangneng's subsidiary in Shijiazhuang and China Railway Fourth Group for the North China Comprehensive Manufacturing Base Project [3] - China Railway Fourth Group claims that the completed project price is 353.29 million yuan, and according to the contract, 97% of the final settlement amounting to 342.69 million yuan should be paid, but only 190.85 million yuan has been paid to date, leaving an outstanding amount of 151.84 million yuan [3] - The four claims made by China Railway Fourth Group include the payment of overdue project funds and interest, confirmation of priority rights for project payment, joint liability for Yashi Chuangneng, and the requirement for both defendants to bear litigation and preservation costs [3] Group 2 - Since the last announcement, Yashi Chuangneng and its subsidiaries have incurred additional litigation amounts totaling 129.91 million yuan, with 129.36 million yuan related to cases where they are defendants or respondents, and several other disputes involving amounts less than 3 million yuan totaling 39.538 million yuan [3] - Yashi Chuangneng's main business includes the research, production, sales, and service of functional building coatings, integrated thermal insulation and decoration materials, energy-saving insulation materials, waterproof materials, mortar, and new home materials, applicable in public construction projects, real estate development, and urban renewal [3]

ASIA CUANON-亚士创能及子公司涉重大诉讼 被诉欠付1.51亿元工程款 - Reportify