According to the judgment of the second instance, a cement enterprise in Fujian compensated 9.4743 million yuan!

On August 14, Fujian Energy and Petrochemical Group Co., Ltd. issued a notice to disclose the progress of its subsidiaries involved in major litigation and arbitration. On September 25,

2024, Fujian Yangshan Iron Mine Co., Ltd. sued Fujian Strait Cement Co., Ltd. in Dehua County People's Court, claiming that the mining of ore in Anshikeng Mining Area of Strait Cement has formed a dislocation zone. It endangers the production and living facilities of Yangshan Iron Mine and needs to be demolished and relocated as a whole. Haixia Cement is requested to compensate for various losses totaling 47.0455 million yuan. On April 30, 2026, the People's Court

of Dehua County made the first instance judgment that Haixia Cement shall compensate Yangshan Iron Mine for the economic loss of 9.4743 million yuan; Haixia Cement shall pay the appraisal fee of 61,800 yuan; and other claims of Yangshan Iron Mine shall be rejected. After the

first instance judgment, both sides refused to accept it and appealed to Quanzhou Intermediate People's Court. Recently, the Quanzhou Intermediate People's Court rejected the appeal of both parties and upheld the original judgment.