ST Chunxing: Sued due to a loan contract dispute, with the amount involved being 166 million yuan plus interest.

date
11/08/2026
*ST Chunxing announced that the company and its subsidiary, Jinzhai Chunxing Precision Co., Ltd., recently received a notice of legal proceedings from the People's Court of Jinzhai County, Anhui Province, due to a loan contract dispute filed by Jinzhai Huijin Investment Co., Ltd. The amount involved totals 166 million yuan in principal and corresponding interest, with the company as defendant 2 assuming joint liability as a guarantor for the debt. The court has accepted the case, and a hearing has not yet been scheduled.