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ST Palm announced that the company received a “lawsuit” from the Gushi County People's Court on August 10, 2026. Henan Liangcheng Municipal Engineering Co., Ltd. sued the company due to a construction contract dispute involving 34.5453 million yuan, accounting for 8.21% of the company's 2025 audited net assets. Furthermore, from August 7 to 10, 2026, the company and its holding subsidiaries added a total amount of 257.11,400 yuan in small claims litigation and arbitration, accounting for 6.11% of the 2025 audited net assets. Currently, none of the cases have been heard, and the impact on the company's profits is uncertain.

Zhitongcaijing·08/10/2026 10:57:32
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ST Palm announced that the company received a “lawsuit” from the Gushi County People's Court on August 10, 2026. Henan Liangcheng Municipal Engineering Co., Ltd. sued the company due to a construction contract dispute involving 34.5453 million yuan, accounting for 8.21% of the company's 2025 audited net assets. Furthermore, from August 7 to 10, 2026, the company and its holding subsidiaries added a total amount of 257.11,400 yuan in small claims litigation and arbitration, accounting for 6.11% of the 2025 audited net assets. Currently, none of the cases have been heard, and the impact on the company's profits is uncertain.