Recently, Huayi Electric Co., Ltd. (hereinafter referred to as "Huayi Electric" or "the Company") issued the "Announcement on Litigation".
The announcement disclosed that Chongqing Gearbox Co., Ltd. (hereinafter referred to as "Heavy Gear Company") and Huayi Wind Energy, a wholly-owned subsidiary of Huayi Electric, signed a number of sales contracts.
As of the date of filing of the complaint, Huayi Wind Energy owed a total of 101,419,151 principal to Heavy Tooth04 yuan has not yet been settled. In order to protect its legal rights, the company hereby files a lawsuit in accordance with relevant laws and regulations.
At the same time, Huayi Electric issued the "Announcement on the Company's Continuous Suspension" on December 26.
The announcement disclosed that as of December 25, 2023, the *** price of Huayi Electric was 037 yuan shares, which have been below 1 yuan for 20 consecutive trading days, have touched Article 9 of the Listing Rules of the Shanghai **Stock Exchange ** (revised in August 2023) (hereinafter referred to as the "*Listing Rules").2.The delisting indicators for trading as specified in Paragraph 1 of Article 1. Pursuant to Rule 9 of the Listing Rules2.According to Article 6, the company** will be suspended from the opening of the market on December 26, 2023 (Tuesday).