On October 27, Guosheng Science and Technology announced that. (Hereinafter referred to as "Shandong yuanlong") and Shandong Shengcheng Shian New Energy Co., Ltd. (Hereinafter referred to as "Shandong Shengcheng") recently received the Notice of Response and Summons from the People's Court of Laizhou City, Yantai City, Shandong Province (hereinafter referred to as "Laizhou Court"). The amount involved in the case is about 4529.
The content shows that the plaintiff is Shandong Electric Power Construction Co., Ltd. of China Electric Power Construction Group (hereinafter referred to as "Shandong Electric Power Construction"), and Shandong yuanlong and Shandong Shengcheng are listed as the first and second defendants respectively. (Hereinafter referred to as "Huainan Tongsheng") and Shanghai Electronic Engineering Design and Research Institute Co., Ltd. The case involves the EPC project of Guosheng Heterojunction 10GW Double Carbon Industrial Park 5GW High Efficiency Hetero junction Photovoltaic Module Project Phase I (2.5g W) (hereinafter referred to as "2.2024
August 23"). Shandong Electric Power Construction, Huainan Tongsheng and Shanghai Electronics Institute, as a consortium, signed the "Guosheng Heterojunction 10g W Double Carbon Industrial Park 5GW High Efficiency Hetero junction Photovoltaic Module Project Phase I (2.
Shandong Electric Power Construction, Huainan Tongsheng and Shanghai Institute of Electronics undertook the EPC project of 2.5g W module project, with the contract price of 376,123,855 yuan (about 3. The contract price is RMB209,640,000 (approximately 2.
Shandong Power Construction Co., Ltd. As of December 31, 2025, the amount to be settled by both parties is 99,167,533.37 yuan (about 0.69 billion yuan). According to the contract, Shandong yuanlong should pay 69,417,273.36 yuan (about 0.69 billion yuan). As of the date of prosecution, Shandong yuanlong only paid 26,772,863.06 yuan (about 0.27 billion yuan). RMB42,644,570.41 (approx. 0) is still owed.
Shandong Power Construction believes that Shandong yuanlong's long-term default of project payment constitutes a fundamental breach of contract. As Shandong yuanlong is a one-person limited liability company, Shandong Sheng has become its only two shareholders and should be jointly and severally liable for the debts of Shandong yuanlong.
The Plaintiff filed a lawsuit to the Laizhou Court, requesting that Shandong yuanlong be ordered to pay the project payment of approximately RMB43 million and the overdue interest of RMB2,646,810.73 (approximately 264) as of September 1, 2026. He also asked Shandong yuanlong and Shandong Shengcheng to bear all the litigation costs of the case and the lawyer's fees, preservation fees, preservation insurance premiums and appraisal fees paid by the plaintiff.
This is the fourth time in nearly half a month that Guosheng Science and Technology has disclosed that its company has been sued.
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At the same time, Guosheng Technology also disclosed that as of October 22, in addition to the disclosed litigation and arbitration, the accumulated amount of new litigation and arbitration of the Company and its wholly-owned and holding subsidiaries for 12 consecutive months was 3,779.
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