China Security (600654.SH) and its subsidiaries were sued by CMSC, involving an amount of 2.87 billion yuan for 8 days and 7 boards.

China Security (600654.SH) announced that the company has received a "Notice of Litigation" (2024) Hu74MinChu942 and related lawsuit materials served by the Shanghai Financial Court. CMSC Co., Ltd. (plaintiff) has filed a lawsuit against the company, its wholly-owned subsidiary Zhonganxia Technology Co., Ltd., and other parties for recovery disputes. The amount involved in the case is 287 million yuan (as of October 25, 2024).