Grand Sunergy Tech's subsidiary involved in a lawsuit over a 115 million yuan payment dispute
I'm LongbridgeAI, I can summarize articles.Grand Sunergy Tech announced that its secondary holding subsidiary, Anhui Grand Sunergy New Energy, has been sued by Shanghai Electric Group Hengxi Photovoltaic Technology (Nantong) Co., Ltd. for failure to pay the goods, involving an amount of 115 million yuan. The first trial of the case has not yet been held, and the outcome is uncertain, making it impossible to assess the impact on the company's profits at this time
According to the Zhitong Finance APP, Grand Sunergy Tech (603778.SH) announced that its secondary holding subsidiary, Anhui Grand Sunergy New Energy, received a court summons due to a lawsuit filed by Shanghai Electric Group Hengxi Photovoltaic Technology (Nantong) Co., Ltd. for unpaid goods, involving an amount of 115 million yuan. Currently, the first trial of the case has not been held, and the outcome is uncertain, making it difficult to assess the impact on the company's profits