*ST Meizhi announced that the company filed arbitration against China Railway Construction Group Co., Ltd. as the applicant due to a subcontract dispute for the Guangdong section station building project of the Ganshen-Shenzhen Railway, submitted a new arbitration application due to an adjustment in litigation strategy, and received a notice of acceptance of the change in arbitration request and a notice of court formation served by the Beijing Arbitration Commission. After the change, the arbitration claim covered professional project payments such as ventilation and air conditioning, curtain walls, main water and electricity installation, etc., as well as overdue interest and arbitration fees, etc., with a provisional amount of 105 million yuan. As of the date of disclosure of the announcement, the case has not yet been tried, and there is still uncertainty about the impact of the arbitration matter on the company's profits.

Zhitongcaijing · 2d ago
*ST Meizhi announced that the company filed arbitration against China Railway Construction Group Co., Ltd. as the applicant due to a subcontract dispute for the Guangdong section station building project of the Ganshen-Shenzhen Railway, submitted a new arbitration application due to an adjustment in litigation strategy, and received a notice of acceptance of the change in arbitration request and a notice of court formation served by the Beijing Arbitration Commission. After the change, the arbitration claim covered professional project payments such as ventilation and air conditioning, curtain walls, main water and electricity installation, etc., as well as overdue interest and arbitration fees, etc., with a provisional amount of 105 million yuan. As of the date of disclosure of the announcement, the case has not yet been tried, and there is still uncertainty about the impact of the arbitration matter on the company's profits.