Previously, in November 2025, Beijing Express and Wuhai Haibowan District Urban Construction Investment and Financing Co., Ltd. The Intermediate People's Court of Wuhai City, Inner Mongolia Autonomous Region ruled that Beijing Express should pay the agent construction project funds and interest and other 23241 to the Urban Investment Company.
The following month, Beijing Express refused to accept the court's civil judgment and appealed to the Higher People's Court of Inner Mongolia Autonomous Region.
On March 4, the bill was adjudicated in the second instance. The court rejected the appeal, upheld the original judgment, and ordered Beijing Express to bear the 23241 of the project funds and the corresponding interest on the occupied funds.
The Wuhai Municipal People's Government designated the Urban Investment Company to repurchase the equity interest in a lump sum at the value of 3. Beijing Express in the eighth year after the signing of the agreement according to the audited basic cost plus the benchmark interest rate of the People's Bank of China for the same period. In July
2017, the city investment company entrusted China Electronic System Engineering Fourth Construction Co., Ltd. to enter the construction plant. In May 2018, China Electronic System Engineering Fourth Construction Co., Ltd. withdrew from the construction site, followed by Ningxia yuangao Green Technology Construction Co., Ltd. to carry out construction and finally complete the project construction.
It is worth noting that the plant has been occupied, used and operated by Wuhai Jingyuntong since its completion .
However, in September 2019, China Electronic System Engineering Fourth Construction Co., Ltd. filed a lawsuit with the Wuhai Intermediate People's Court, demanding that the city investment company pay it for the construction project. After the completion of the
project, the Urban Investment Company did not invest in Wuhai Jingyuntong at the price of plant assets as agreed in the agreement, and both parties did not complete the relevant procedures of equity repurchase. In July 2025, the city investment company requested the court to order Beijing Express to pay the agent construction project funds, case acceptance fees, preservation fees, etc . 2
. In November 2025, the Wuhai Intermediate People's Court issued a first instance judgment, ordering Beijing Express to pay the agent construction project funds of 210 million yuan to the city investment company. Pay 22.416 million yuan of interest occupied by funds. Total 232 41. ( However, less than five months later, the case received the final judgment of the second instance." The court rejected the appeal, upheld the original judgment , and ordered Beijing Express to bear the second instance case acceptance fee of 120.
While the lawsuit is entangled, the performance of Beijing Express is also not optimistic. The performance forecast for
2025 shows that the company expects a net profit loss of 1.23 billion to 1.74 billion yuan, while its net profit loss in 2024 has reached 2.361 billion yuan, with a cumulative loss of 3.591 billion to 41
in two years. In the ten years from 2013 to 2023, the total net profit of Beijing Express was only 36.
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