Palm Co., Ltd. (002431): Discloses progress of major litigation involving the company

NightAirdropper · 2026-02-24T14:48:21+00:00

Palm Co., Ltd. (002431) announced that its subsidiary Meizhou Zongyuan has been sued due to a construction contract dispute. The case has been filed, involving approximately 11.335 million yuan, accounting for 6.83% of the company's net assets. The company's main business is green urban and rural construction and ecological environmental services.

NightAirdropper

2026-02-24 14:48:21

Abstract generation in progress

Palm Co., Ltd. (002431) announced on February 24th that its subsidiary, Meizhou Meixian District Zhongyuan Project Investment Management Co., Ltd. (referred to as “Meizhou Zhongyuan” or “Defendant One”), received civil complaint documents from the People’s Court of Meixian District, Meizhou City. The case numbers are (2026) Yue 1403 Minchu 427, (2026) Yue 1403 Minchu 428, and (2026) Yue 1403 Minchu 430. The lawsuit concerns a construction contract dispute, with Guangdong Guoyuan Construction Engineering Co., Ltd. suing the company and Meizhou Zhongyuan.

Case status: The case has been accepted and filed by the court. The company’s role: defendant. The amount involved: 113.3468 million yuan, accounting for 6.83% of the company’s most recent audited net assets (2024).

Information shows that Palm Co., Ltd.'s main businesses are green urban and rural construction, ecological environment, and ecological city (operation).

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.