Zhuojin Co., Ltd.: The first-instance judgment of the construction project contract dispute, both parties have appealed.

date
17/03/2026
Zhuo Jin Corporation announced that the company's first-instance contract dispute with Shang Ni Biological Construction Engineering has been judged, and the company is required to pay 1.265843 million yuan in compensation. Both the company and Shang Ni Biological have appealed the ruling, and the second instance has not yet been scheduled, so the first-instance ruling is not yet in effect. The company's appeal requests the cancellation of the first-instance ruling and the dismissal of the opponent's original claims; Shang Ni Biological requests the cancellation of the first-instance ruling and support for all of its first-instance claims. Currently, the case has not had a significant adverse impact on the company's operations, and the final ruling and compensation amount are uncertain. The company will disclose any developments in a timely manner.