Changyuan Group (600525.SH) issued an announcement. The company recently received the Shenzhen Intermediate People's Court (“Intermediate...
According to the Zhitong Finance App, Changyuan Group (600525.SH) issued an announcement. The company recently received lawsuit materials from the Shenzhen Intermediate People's Court (“Intermediate Court”). 196 investors filed a civil lawsuit against the company on the grounds of a securities misrepresentation liability dispute. The lawsuit was for the defendant to indemnify the plaintiff's 196 investors for losses totaling RMB 32.1555 million and for the defendant to bear the costs of litigation costs in the case.