Brief: Chongqing Machinery & Electric Says Jilin Chongtong Chengfei New Material Litigations

Chongqing Machinery & Electric Co

19/05/2023 16:17

May 19 (Reuters) - Chongqing Machinery & Electric
 2722.HK :
    * JILIN CHONGTONG CHENGFEI NEW MATERIAL AND ITS UNITS FILED
A
SERIES OF LITIGATIONS
    * LITIGATIONS WITH TIANJIN BINHAI NEW AREA PEOPLE'S COURT
AND
ZHONGSHAN FIRST PEOPLE'S COURT OF GUANGDONG PROVINCE
    * JILIN CHONGTONG CHENGFEI NEW MATERIAL AND UNITS WON
LITIGATION
    * UNDER JUDGEMENT, TIANJIN MING YANG TO PAY CHENGFEI JIANGSU
PROCESSING FEE OF RMB16.5 MILLION  AND LOSS ON OVERDUE PAYMENT
    * UNDER JUDGEMENT, TIANJIN MING YANG TO PAY XILIN HOT
CHENFEI
PROCESSING FEE OF RMB14.3 MILLION  AND LOSS ON OVERDUE PAYMENT
    * CHENGFEI JIANGSU FROZE RMB24.1 MILLION OF MING YANG ,
WHILE
XILIN HOT CHENFEI SUCCESSFULLY FROZE RMB21.0 MILLION OF MING
YANG

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