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Chunxing Precision Engineering: A Holding Subsidiary Files a Lawsuit; the Amount Involved Is 12.03 Million Yuan (1203.54 Ten-Thousand Yuan)
Chunxing Precision Engineering Announcement: The company’s holding subsidiary, Xianyou County Yuansheng Zhihui Technology Co., Ltd., has filed a lawsuit with the Xianyou County People’s Court due to a leasing contract dispute with Shenzhen Haoyuniao Industrial Co., Ltd.; the case has been filed and accepted for case review. Yuansheng Zhihui requests that the court order the defendant to immediately pay the overdue rent of 12.0354 million yuan and the liquidated damages of 4.1681 million yuan provisionally calculated up to the date of the lawsuit, and to bear all litigation costs and other expenses for this case.