Jul 28, 2021 05:21 PM (GMT+8) · EqualOcean
Huaibei Mining announced that there was a construction contract dispute between the company's subordinate engineering construction company and Lu'an Hengda. The engineering construction company filed a civil lawsuit with Lu'an intermediate people's court in Anhui Province, requesting Lu'an Hengda to pay the completed project price and liquidated damages owed to the engineering construction company of 401 million yuan, and requesting Evergrande Hefei company Evergrande group shall bear joint and several liability for repayment. Huaibei Mining said that Evergrande Hefei company not only issued a letter of commitment to honor the forward commercial bills delivered by Lu'an Hengda to the engineering construction company, but also was the sole shareholder of Lu'an Hengda.