XEMC (600416): Discloses the progress of litigation involving the company and its affiliated companies
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XEMC (600416) announced on May 20th the progress of a lawsuit. The company, its wholly-owned subsidiary, and shareholder XEMC Group have been sued for compensation of 40.7321 million yuan. The case has been filed and accepted, but has not yet gone to trial. The defendants involved include the legal representative Yang Qi and the International Trade Company
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