*ST Meili: Subsidiary involved in a construction subcontract dispute amounting to 56.5577 million yuan.

date
07/08/2026
*ST Meili announced that its holding subsidiary Meili Ecological Construction and its holding sub-subsidiary Suixin Labor have had a subcontract dispute with Huaxing Integrity Construction officially filed by the People's Court of Anning City, and the first instance has not yet been heard. The amount involved is 56.5577 million yuan. Huaxing Integrity claims that Suixin Labor's failure to supply construction materials twice has led to the suspension of the project and has made multiple litigation requests. As the case has not yet been heard, the impact on the company's current or future profits remains uncertain.
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