ST Palm: From July 15 to 20, a total of 32.8263 million yuan was filed in new litigation and arbitration cases.
ST Zhonglin announced that from July 15 to 20, 2026, the company and its holding subsidiaries added a total of 32.8263 million yuan in new lawsuits and arbitration cases, accounting for 7.80% of the audited net assets in 2025. Among them, Henan Zhonglu Road and Bridge Engineering Co., Ltd. filed a lawsuit against the company for construction project construction contract disputes, with a subject amount of 21.3974 million yuan, which has been filed and is awaiting trial; there are 3 other lawsuits and arbitrations with a total amount of less than 10 million yuan, totaling 11.4289 million yuan. The new cases have not been brought to trial, the impact on the company's profits is uncertain, and some plaintiffs have applied for property preservation, which may result in partial freezing of funds in the company's accounts.
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