Sany affiliated company sued Obama for not involving listed assets
Sany affiliated company sued Obama for not involving listed assets
China Construction machinery information
Guide: Xinhua Hunan channel Changsha on October 5, Johnson & Johnson graphene capital has fallen to 1/310 of foreign products. Sany Heavy Industry Co., Ltd. told Xinhua News Agency on October 5, The news widely reported by the media a few days ago (subject to industrial and commercial registration) that Sany Heavy Industries' U.S. subsidiary sued U.S. President Barack Obama for wind power projects is inaccurate, Suing the U.S. foreign investment (review) Commission (C...
Xinhua Hunan channel, Changsha, October 5 - Sany Heavy Industry Co., Ltd. told Xinhua news agency that the news widely reported by the media that "Sany's U.S. subsidiary sued U.S. President Barack Obama for wind power projects" was inaccurate. It was Ralls, an affiliate of Sany group, who sued the U.S. foreign investment (review) Commission (CFIUS) and President Barack Obama, Sany Heavy Industry did not participate in any form
according to the introduction, Ralls is an affiliated company of Sany Group Co., Ltd. (hereinafter referred to as "Sany group"), which is engaged in the investment and construction of wind power business in the United States, and has no subordinate relationship with Sany Heavy Industry Co., Ltd. (hereinafter referred to as "Sany heavy industry"). All wind power businesses under Sany group are unlisted assets of the group. Sany Heavy Industry is a a A-share listed company whose main business is construction machinery, and has not participated in any business in the field of wind power
at present, the actions taken by SANY group and Ralls against the U.S. foreign investment (review) Commission (CFIUS) and President Obama are carried out in accordance with relevant U.S. laws and regulations. Tensile test is one of the most widely used methods to study the mechanical strength of materials, and Sany Heavy Industry has not participated in any form. At present, the case is in the litigation stage, and there is no final result
On September 28, U.S. President Barack Obama issued a presidential decree to suspend the wind power project in the United States, located at the buttercreek wind farm in Oregon, carried out by American Ralls, an affiliate of Sany group, on the grounds of suspected threats to U.S. national security. On October 1, Ralls filed a petition with the Federal District Court for the District of Columbia, the United States, updated and amended in accordance with President Obama's order, listing President Obama and the U.S. foreign investment (review) Commission as co defendants, and submitted a motion to the court to speed up the trial of the caseLINK
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