Shandong Chenming Paper (01812): A total of 63 new litigation cases have been filed, with a total amount involved of 20.17 billion yuan.
28/02/2025
GMT Eight
Shandong Chenming Paper (01812) announced that from January 23, 2025 to February 27, 2025, the company and its subsidiaries have had a total of 63 new litigation cases due to debt defaults, contract disputes, and other reasons, with a total amount involved of RMB 2.017 billion, accounting for 12.09% of the company's most recent audited net assets.
The company and its subsidiaries do not have any significant litigation or arbitration matters where the amount involved exceeds 10% of the company's most recent audited net assets and exceeds RMB 10 million in absolute value.