Kunming Dianchi Water Treatment Faces Enforcement Over Unpaid Construction Dispute

Reuters

Dec 02

Kunming Dianchi Water Treatment Faces Enforcement Over Unpaid Construction Dispute

Kunming Dianchi Water Treatment Co. Ltd. is currently engaged in litigation with Guizhou Construction Group Fourth Engineering Co., Ltd. over a dispute concerning construction project contracts. The Chenggong District People's Court of Kunming City has listed Kunming Dianchi Water Treatment as a party subject to enforcement due to its failure to fulfill payment obligations amounting to RMB 20.8 million within the prescribed period. As a result, both the company and its legal representative are subject to restrictions on certain high-consumption and non-essential activities. The company is negotiating a plan for cash payment of the relevant amounts and has stated that this matter will not affect its normal operations or have a material impact on its principal activities. Shareholders and investors are advised to exercise caution when dealing in the company's securities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kunming Dianchi Water Treatment Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251202-11940402), on December 02, 2025, and is solely responsible for the information contained therein.

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Ltd. is currently engaged in litigation with Guizhou Construction Group Fourth Engineering Co., Ltd. over a dispute concerning construction project contracts. The Chenggong District People's Court of Kunming City has listed Kunming Dianchi Water Treatment as a party subject to enforcement due to its failure to fulfill payment obligations amounting to RMB 20.8 million within the prescribed period. As a result, both the company and its legal representative are subject to restrictions on certain high-consumption and non-essential activities. The company is negotiating a plan for cash payment of the relevant amounts and has stated that this matter will not affect its normal operations or have a material impact on its principal activities. 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Ltd. is currently engaged in litigation with Guizhou Construction Group Fourth Engineering Co., Ltd. over a dispute concerning construction project contracts. The Chenggong District People's Court of Kunming City has listed Kunming Dianchi Water Treatment as a party subject to enforcement due to its failure to fulfill payment obligations amounting to RMB 20.8 million within the prescribed period. As a result, both the company and its legal representative are subject to restrictions on certain high-consumption and non-essential activities. The company is negotiating a plan for cash payment of the relevant amounts and has stated that this matter will not affect its normal operations or have a material impact on its principal activities. 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ID: HKEX-EPS-20251202-11940402), on December 02, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0028","symbol_name":"国家队","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251202:nNDL17fL9j:1","article_id":"2588056823","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588056823","pubTimestamp":1764682841,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Kunming Dianchi Water Treatment Co. Ltd. is currently engaged in litigation with Guizhou Construction Group Fourth Engineering Co., Ltd. over a dispute concerning construction project contracts. The Chenggong District People's Court of Kunming City has listed Kunming Dianchi Water Treatment as a party subject to enforcement due to its failure to fulfill payment obligations amounting to RMB 20.8 million within the prescribed period. As a result, both the company and its legal representative are subject to restrictions on certain high-consumption and non-essential activities. The company is negotiating a plan for cash payment of the relevant amounts and has stated that this matter will not affect its normal operations or have a material impact on its principal activities. 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The Chenggong District People's Court of Kunming City has listed Kunming Dianchi Water Treatment as a party subject to enforcement due to its failure to fulfill payment obligations amounting to RMB 20.8 million within the prescribed period. As a result, both the company and its legal representative are subject to restrictions on certain high-consumption and non-essential activities. The company is negotiating a plan for cash payment of the relevant amounts and has stated that this matter will not affect its normal operations or have a material impact on its principal activities. Shareholders and investors are advised to exercise caution when dealing in the company's securities.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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