Qinhuangdao Port Wins Both Lawsuits, Total Amount Involved Reaches 897 Million Yuan

Regulation

โดย 财中社·Read original

Summary · why it matters

Qinhuangdao Port has announced that the final judgment in the Shaanxi Blower case rejected the appeal and upheld the original verdict, dismissing Shaanxi Blower's claims against the company and its branch, with the amount involved being approximately 380 million yuan. The first-instance judgment in the Jiangxi Copper case also dismissed Jiangxi Copper's claims against the company, with the amount involved being approximately 517 million yuan. The total amount involved in the two cases is approximately 897 million yuan.

Qinhuangdao Port Co Ltd ▲

Jiangxi Copper Co Ltd Class A ▼

Impact on stocks 2

Others± Mixed · 2 stocks

Qinhuangdao Port Co Ltd

▲ PositiveRegulationrelevance

Qinhuangdao Port won both lawsuits, avoiding potential liability of 897 million yuan.

Jiangxi Copper Co Ltd Class A

▼ NegativeRegulationrelevance

Jiangxi Copper's claims against Qinhuangdao Port were dismissed, losing a lawsuit involving 517 million yuan.

Off-coverage companies 1

陕西鼓风机（集团）有限公司Private▼ Negative

Regulationrelevance

Shaanxi Blower's appeal was rejected, losing a lawsuit involving 380 million yuan.