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Kunming Dianchi Faces RMB109M Litigation Payment

Kunming Dianchi Faces RMB109M Litigation Payment

Kunming Dianchi Water Treatment Co., Ltd. Class H (HK:3768) has released an update.

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Kunming Dianchi Water Treatment Co., Ltd. has been ordered by the Kunming Municipal Intermediate People’s Court to pay over RMB109 million to Guizhou Construction for a water purification plant construction dispute. The company plans to appeal the decision and assures that daily operations remain unaffected. Shareholders are cautioned to exercise care when dealing with the company’s securities.

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