Jidong equipment subsidiary won the first trial! Huanshan Environmental Protection Cement Enterprise awarded compensation of 41.402 million yuan and interest

2026-08-24 10:09:45

This judgment is the first instance judgment of this case, and the relevant claims of Dunshi Construction Company have been supported.

On August 20, Jidong Equipment issued an announcement on the progress of the lawsuit of its wholly-owned subsidiary.

1. Basic information

of this lawsuit June 12, 2026. The People's Court of Huixian City, Xinxiang City, Henan Province (hereinafter referred to as "Huixian Court") accepted the lawsuit of Tangshan Dunshi Construction Engineering Co., Ltd. (Hereinafter referred to as "Dunshi Construction"), a wholly-owned subsidiary of the company, against Henan Huanshan Envi ronmental Protection Technology Co., Ltd., Henan Sunstone Group Cement Co., Ltd., and Xinxiang City. The amount involved was 41.402 million yuan. ( Related links: The amount involved is 41.4 million yuan! Jidong Equipment Subsidiary Sued Three Cement Enterprises )

II. Progress

of this lawsuit On August 18, 2026, Dunshi Construction Company received the Civil Judgment (2026) Yu 0782 No.4227 from Huixian Court. The details are as follows:

(I) The defendant, Henan Huanshan Environmental Protection Technology Co., Ltd., shall pay the plaintiff, Tangshan Dunshi Construction Engineering Co., Ltd., the 10528375.18 of the first bid section of the project involved in the case (including the quality guarantee deposit) and the overdue interest within 15 days after the judgment comes into effect. The 30873662.22 of the second and third bid sections is RMB and the interest for overdue payment.

(2) The plaintiff, Tangshan Dunshi Construction Engineering Co., Ltd., discounted the civil engineering of the relocation and technical transformation of the new dry process cement clinker production line located in Huochagou Village, Gaozhuang Township, Huixian City, with a daily output of 5500 tons and a co-disposal of 100000 tons/year of fly ash from garbage power generation. The auction price shall enjoy the priority of compensation within the scope of the 41402037.4 of the project.

(3) The defendant, Henan Huanshan Environmental Protection Technology Co., Ltd., shall pay the plaintiff, Tangshan Dunshi Construction Engineering Co., Ltd., a lawyer's fee of 90000 within 15 days after the judgment comes into effect.

(4) The defendants, Henan Sunstone Group Cement Co., Ltd. and Xinxiang Zhenxin Cement Co., Ltd., are jointly and severally liable for the payment of the second and third bidding sections of the first item mentioned above, the overdue interest and the lawyer's fee of the third item 90000 yuan.

(5) The plaintiff Tangshan Dunshi Construction Engineering Co., Ltd. shall enjoy the priority of compensation for the proceeds from the discount, auction or sale of the machinery and equipment mortgaged by the defendant Henan Taiyangshi Group Cement Co., Ltd. within the scope of the fourth item above, including the project funds 30873662.22 yuan and the overdue interest, and the lawyer's fee 90000 yuan.

If the obligation to pay money is not fulfilled within the period specified in this judgment, the interest on the debt during the period of delay in performance shall be doubled in accordance with Article 264 of the Civil Procedure Law of the People's Republic of China. The

case acceptance fee is 127330 yuan, and the application fee for litigation preservation is 5000 yuan, which is borne by the defendant Henan Huanshan Environmental Protection Technology Co., Ltd., Henan Sunstone Group Cement Co., Ltd., and Xinxiang Zhenxin Cement Co., Ltd.

If you refuse to accept this judgment, you may submit an appeal to Huixian Court within 15 days from the date of the service of the judgment, and submit a copy according to the number of the other party, and appeal to the Intermediate People's Court of Xinxiang City, Henan Province.

3. The possible impact

of the disclosed litigation on the current or future profits of the company This judgment is the first instance judgment of this case, and the relevant claims of Dunshi Construction Company have been supported.

All can be viewed after purchase
Correlation

This judgment is the first instance judgment of this case, and the relevant claims of Dunshi Construction Company have been supported.

2026-08-24 10:09:45

After the completion of this transaction, CNBM Graphite will become a wholly-owned subsidiary of Ningxia Building Materials and be included in the consolidated statements, and the company's main business will add new graphite materials research and development, production and sales sectors.