Guangdong Construction Engineering has added 757 new litigation and arbitration cases in the past six months, involving over 1.4 billion yuan.

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Guangdong Provincial Construction Engineering Group Co., Ltd. (Stock code: 002060, Stock abbreviation: Guangdong Construction) recently issued an announcement disclosing the company’s and its subsidiaries’ cumulative litigation and arbitration cases from October 14, 2025, to April 8, 2026. The announcement shows that during this period, the company added a total of 757 litigation and arbitration cases, involving a total amount of 1.4B yuan, accounting for 10.20% of the company’s audited net assets attributable to shareholders as of 2024, meeting the disclosure standards.

According to the announcement, among the 757 new cases, Guangdong Construction and its subsidiaries as plaintiffs initiated 67 cases, involving 436.84M yuan; as defendants, there are 690 cases, involving 967.23M yuan. Notably, among the disclosed cases, there are no major litigation or arbitration matters where the amount involved exceeds 10% of the company’s most recent audited net assets and the absolute amount exceeds 10 million yuan.

The announcement points out that the main types of cases involve construction contract disputes, raw material sales contract disputes, etc. For cases where the company is the plaintiff, it will actively safeguard its legal rights through legal means and strengthen the recovery of funds; for cases where the company is the defendant, it will actively respond to reduce losses. Since some cases have not yet gone to court or been concluded, their impact on the company’s current or future profits is uncertain. The company will handle accounting in accordance with accounting standards and actual circumstances, and fulfill disclosure obligations in a timely manner.

Additionally, the attachment to the announcement shows that during this period, the company is involved in 4 unresolved cases with amounts exceeding 30 million yuan, detailed as follows:

The announcement also states that aside from the cases disclosed above, the company has no other litigation or arbitration matters that should be disclosed but have not been disclosed. Other small-amount litigation cases total 753, involving a combined amount of 1.13B yuan, all below 30 million yuan. The company reminds investors that the amounts involved in these cases may differ from the final actual enforcement amounts. Please be aware of investment risks.

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Editor: Xiao Lang Express