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Qinhuangdao Port sued in building contract dispute

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Qinhuangdao Port said its Cangzhou Bohai Port unit is being sued by China Construction Sixth Engineering Division Corp in a construction contract dispute.

The northern Chinese port operator said in a stock market announcement that China  Construction  Sixth  Engineering  Division has filed a suit with the  Intermediate People's Court of Cangzhou City, Hebei Province suing it for payment, interest and costs on a construction project.

The plaintiff claims that the Huanghua Port Integrated Port Information Center Building which it had been contracted to build by Cangzhou Bohai Port from early 2010, had been completed by the end of August 2010.

China  Construction  Sixth  Engineering  Division  is claiming payment  of  RMB33.9m ($5.4m)  to  China  Construction  Sixth  Engineering  Division  for  construction  work done and  interest on outstanding payment accruing  from  September  1, 2010  to  the  actual  payment  date, which amounted to RMB15.7m  as  at  28 November 2017 plus litigation  fees  and  property  preservation fee.

Qinhuangdao Port said it would defend the case and "actively take various measures to safeguard the legitimate rights and interests of the company".