ST Dongshi announced that Shandong Oriental Fashion, a holding subsidiary of the company, was sued by the other party to the Beijing Haidian District People's Court due to a contractual dispute with Beijing Hualandun Technology Co., Ltd., involving an amount of 234.536 million yuan. The case has been filed and is yet to be heard. As of the disclosure date of the announcement, the company and its holding subsidiaries added 10 new lawsuits over 12 consecutive months, involving a principal amount of 370.66 million yuan, accounting for 48.31% of the latest audited net assets. Furthermore, the company's pre-restructuring is uncertain, and there is a risk that stocks will be subject to a delisting risk warning.

Zhitongcaijing · 1d ago
ST Dongshi announced that Shandong Oriental Fashion, a holding subsidiary of the company, was sued by the other party to the Beijing Haidian District People's Court due to a contractual dispute with Beijing Hualandun Technology Co., Ltd., involving an amount of 234.536 million yuan. The case has been filed and is yet to be heard. As of the disclosure date of the announcement, the company and its holding subsidiaries added 10 new lawsuits over 12 consecutive months, involving a principal amount of 370.66 million yuan, accounting for 48.31% of the latest audited net assets. Furthermore, the company's pre-restructuring is uncertain, and there is a risk that stocks will be subject to a delisting risk warning.