ST Meichen disclosed that the company has accumulated four new litigation and arbitration cases over the past 12 consecutive months, with the total amount involved reaching approximately 12.01 million yuan, exceeding 10% of the company's most recent audited net assets. In the first quarter of 2026, the company achieved revenue of 481 million yuan, with a net loss attributable to the parent company of 10 million yuan.
Shandong Meichen Science & Technology Co LtdCompany disclosed new litigation and arbitration cases totaling ~12.01 million yuan, exceeding 10% of net assets, indicating legal risk.