Donghua Technology: The second-instance judgment amount is the company to pay Xingjing Environmental Protection 63.4783 million yuan in project payments and overdue payment interest.

K-LinePoet · 2026-03-22T02:20:21+00:00

Donghua Technology Announcement: Recently, the company received a "Civil Judgment" issued by the Guizhou Provincial Higher People's Court. The Guizhou Higher Court issued a final second-instance judgment on the construction project construction contract dispute case involving our company, Wen'an Donghua Xingjing Ecological Development Limited Liability Company, and Xingjing Eco-Environmental Protection Technology (Suzhou) Limited Company. The second-instance judgment reversed the first-instance judgment; the second-instance judgment amount requires our company to pay Xingjing Environmental Protection construction payments of 63.4783 million yuan and overdue payment interest, refund the project security fund of 38.2162 million yuan and interest, and pay the construction drawing budget preparation fee of 2.98 million yuan and interest.

K-LinePoet

2026-03-22 02:20:21

Donghua Technology announced that recently, the company received a Civil Judgment issued by the Guizhou Higher People’s Court. The Guizhou High Court made a final second-instance ruling on the construction contract dispute case involving our company, Wengan Donghua Xingjing Ecological Development Co., Ltd., and Xingjing Ecological Environmental Protection Technology (Suzhou) Co., Ltd. The second-instance judgment overturned the first-instance ruling; the second-instance decision requires our company to pay Xingjing Environmental protection project funds of 63.4783 million yuan and overdue payment interest, refund the project security deposit of 38.2162 million yuan and interest, and pay 2.98 million yuan plus interest for the construction drawing budget preparation fee.

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