Core Viewpoint - The company announced the progress of a lawsuit involving its wholly-owned subsidiary, Wuhan Lianhua Engineering Design Co., Ltd., which has been ordered to receive a payment of approximately 68.83 million yuan for engineering services, along with additional fees and costs [2][4]. Group 1: Lawsuit Overview - The lawsuit was initiated by Wuhan Lianhua Engineering against Shanxi Henghui Environmental Technology Co., Ltd. regarding a construction contract dispute [3]. - The initial judgment was made by the Intermediate People's Court of Yuncheng, Shanxi Province, in October 2025, which was later upheld by the Shanxi Provincial High Court [4][5]. Group 2: Judgment Details - The final ruling requires the defendant to pay 68,825,564.24 yuan in engineering fees, 1,922,414.25 yuan in technical service fees, and 550,000 yuan in design fees [2][4]. - The costs associated with the case, including court fees and expert fees, are to be borne by the respective parties as specified in the judgment [2][4]. Group 3: Impact on the Company - Following the judgment, Wuhan Lianhua Engineering will apply for enforcement of the ruling, and the project revenue and receivables have not yet been confirmed [2][7]. - The company will recognize project income and profits based on the collection of the awarded amounts in the future [7].
湖南百利工程科技股份有限公司关于全资子公司提起诉讼的进展公告