Greenland Holdings adds 1,512 new lawsuits, with a total amount of 6.36B yuan

MaticHoleFiller · 2026-04-09T00:42:32+00:00

Greenland Holdings announced that between March 2026, there were 1,512 new lawsuits totaling 6.36B yuan. Due to adjustments in the real estate and infrastructure industries, litigation pressure has increased. The company has taken measures to resolve the lawsuits, but future impacts remain uncertain. Investors should be aware of potential risks.

MaticHoleFiller

2026-04-09 00:42:32

Abstract generation in progress

Greenland Holdings Group Co., Ltd. (Stock code: 600606, stock abbreviation: Greenland Holdings) released an announcement on March 26. The company stated that, between March 5 and March 23, 2026, the company and its controlling subsidiaries新增新增 filed 1,512 lawsuits, with a cumulative amount of RMB 6.36B. The announcement also pointed out that, due to the adjustment cycle in the real estate and infrastructure construction industries, the company’s related lawsuit matters still face significant pressure.

The announcement shows that among the 1,512 newly added lawsuits, there were 1,441 cases in which the company and its controlling subsidiaries were defendants, with a cumulative amount of RMB 5.79B; and 71 cases in which they were plaintiffs, with a cumulative amount of RMB 566 million.

By lawsuit category, among the sued cases, there were 604 construction project construction/purchasing dispute cases, involving an amount of RMB 2.13B; 473 real estate sale/lease dispute cases, with an amount of RMB 566 million; and 364 other litigation dispute cases, with an amount of RMB 3.09B. Among the principal cases, there were 30 construction project construction/purchasing dispute cases, with an amount of RMB 503 million; 15 real estate sale/lease dispute cases, with an amount of RMB 4M; and 26 other litigation dispute cases, with an amount of RMB 59 million.

The company said it has placed the dispute resolution work in an important position and has advanced the relevant work through measures such as setting up a dedicated working team, implementing leadership case coverage, strengthening supervision and performance evaluation, and improving major lawsuit resolution mechanisms, aiming to reduce the impact on business activities. Since some cases have not yet been heard, ruled on, or enforced, the impact on the company’s future profits remains uncertain. The final actual impact will be subject to the effective judgments/awards issued by the court or arbitration institution. The company will conduct accounting treatment in accordance with accounting standards and actual circumstances, and will promptly fulfill its information disclosure obligations.

Investors should note that the newly added related lawsuits the company may face going forward still have a certain degree of uncertainty. Please pay attention to investment risks.

Click to view the full text of the announcement>>

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