ST Changtou: A lawsuit involving 48.78 million yuan will be heard in court on July 8th.

date
09/06/2026
ST Changtou announced that the company is involved in a dispute related to bankruptcy with Shanghai Changjiang United Metal Trading Center Co., Ltd., involving an amount of 48.78 million yuan. The case is currently in the first instance stage, with the company as the defendant. The case was scheduled for trial on December 15, 2025, and the company received a summons on June 8, 2026. The case will be heard again on the morning of July 8. The impact of this lawsuit on the company's profits is still uncertain. In addition, the company and its subsidiaries have accumulated a total of 5.1945 million yuan in lawsuits and arbitration in the past 12 months.