ST Pawa: Opponent Appeals After Winning First Instance in Contract Dispute, Amount Involves About 46.89 Million Yuan

English summary

ST Pawa won the first-instance judgment in a sales contract dispute with Zhejiang Gepai Cobalt New Material Co., Ltd., but Gepai appealed to Shaoxing Intermediate Court, requesting to overturn the original judgment or amend it. The amount involves a claim for refund of 39 million yuan plus interest, and payment of 7.8899 million yuan in penalties.