Tianyuan Co., Ltd. announced that in the execution of the contract dispute between Tianyuan Energy, the holding subsidiary of Tianyuan Energy and Taiyuan Economic Development within the scope of the company's consolidated statement, the previous application to add Taiyuan Economic Development shareholder Jindi Company as the executee was supported by a court ruling, and Jindi was not satisfied with the objection. Recently, the Third People's Court of Dongguan City ruled in the first instance that Jindi Company must not be added as an executee. Tianyuan Energy was responsible for 75,500 yuan in handling the case. Tianyuan Energy decided not to appeal the first instance verdict. The provisional amount involved in the case was 9.096,800 yuan. The company had already prepared bad debts for this claim in previous years, and it is not yet possible to determine the impact of this case on the company's profits.

Zhitongcaijing · 2d ago
Tianyuan Co., Ltd. announced that in the execution of the contract dispute between Tianyuan Energy, the holding subsidiary of Tianyuan Energy and Taiyuan Economic Development within the scope of the company's consolidated statement, the previous application to add Taiyuan Economic Development shareholder Jindi Company as the executee was supported by a court ruling, and Jindi was not satisfied with the objection. Recently, the Third People's Court of Dongguan City ruled in the first instance that Jindi Company must not be added as an executee. Tianyuan Energy was responsible for 75,500 yuan in handling the case. Tianyuan Energy decided not to appeal the first instance verdict. The provisional amount involved in the case was 9.096,800 yuan. The company had already prepared bad debts for this claim in previous years, and it is not yet possible to determine the impact of this case on the company's profits.