Greenland Holdings announced that from July 19 to July 25, 2026, the company and its controlled subsidiaries added 508 new lawsuits, with a cumulative amount of 3.724 billion yuan. During the same period, 415 cases were closed, with a cumulative closed amount of 800 million yuan. Among them, the company was the defendant in 469 lawsuits, involving 3.372 billion yuan, and the plaintiff in 39 lawsuits, involving 352 million yuan. The company stated that the real estate and infrastructure sectors are still in an adjustment cycle, leading to significant litigation pressure. It has set up a special task force and implemented measures such as leadership responsibility for cases to mitigate the impact. In the first quarter of 2026, Greenland Holdings achieved revenue of 27.811 billion yuan and net profit attributable to the parent of 204 million yuan.
Greenland Holdings Corp LtdCompany faces 508 new lawsuits totaling 3.724 billion yuan, with 469 as defendant, indicating severe litigation pressure.