Grand Sunergy Tech Co., Ltd.SSE: 603778

(603778)"GRAND SUNERGY TECH CO., LTD."Announcement on Arbitration Involving Subsidiaries

· Issued by Grand Sunergy Tech Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 603778 · · 3 pages · Chinese

Summary by 6ix AI

Grand Sunergy Tech Co., Ltd. announced an arbitration involving its subsidiaries regarding a dispute over an investment agreement. The arbitration case has been accepted but has not yet gone to court, with the company being the respondent. The case involves claims for repayment and penalties related to a failed investment project. The company cannot currently assess the impact of this arbitration on its profits.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

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