Core Viewpoint - The legal dispute between Chongqing Beer and its associate company Chongqing Jiawei has been resolved, with Chongqing Jiawei withdrawing its lawsuit following a mediation agreement, which will not significantly impact the company's profits in the current or future periods [1][3]. Group 1: Legal Proceedings - Chongqing Jiawei filed a lawsuit against Chongqing Beer in October 2023, claiming contract violations and seeking compensation for losses, resulting in a court ruling that ordered Chongqing Beer to pay 353 million yuan [4]. - The lawsuit was officially terminated after Chongqing Jiawei withdrew its complaint, adhering to a mediation agreement reached in the Chongqing High People's Court [1][3]. - In December 2025, Chongqing Beer announced plans to settle the dispute by paying 100 million yuan as part of the mediation agreement [2][4]. Group 2: Company Background - Chongqing Jiawei is an associate company of Chongqing Beer, in which Chongqing Beer holds a 33% indirect stake [4]. - The two companies entered into a 20-year exclusive sales agreement in 2009, allowing only Chongqing Jiawei to produce the "Shancheng" brand beer, which must be sold exclusively through Chongqing Beer [4].
重庆嘉威撤诉,重庆啤酒合同纠纷案终结