Guisheng Co., Ltd.: Involved in a major lawsuit amounting to 1.241 billion yuan, yet to be heard in court.

date
10/08/2026
Gui Shengtong Co., Ltd. announced that the company is one of the nine defendants involved in a lawsuit, which has been filed and accepted by the Zunyi Intermediate People's Court of Guizhou Province, and a court hearing has not yet taken place. The plaintiff, Hunan First Engineering Co., Ltd., is requesting a judgment ordering the defendants, including the company, to pay project funds, interest, damages, and other expenses, with the total amount of the claims preliminarily estimated at 1.241 billion yuan as of May 29, 2026. It is currently impossible to determine the impact on the company's profits; the company will follow up on the progress and disclose updates in a timely manner.