Wondux seeks enforcement on over RMB 11 million

Nanjing Wondux Environmental Protection Technology Co., Ltd. (SSE:688178) is pursuing enforcement of a prior court-mediated settlement with the Zhoukou City Huaiyang District Urban Management Bureau. Wondux has applied for the Zhoukou City Huaiyang District People's Court to enforce payment of RMB 11,693,003, plus related penalties, default interest, and legal fees. The original dispute concerns a service contract. Wondux had already made provisions for bad debt related to the case. The outcome of the enforcement action remains uncertain, and the company will account for the financial impact based on the results and relevant accounting standards. Investors should be aware of investment risks.