Xinhua News Agency, April 27, Nanjing Iron and Steel Co., Ltd., the indirect controlling shareholder Shanghai Fosun Hi-Tech (Group) Co., Ltd. and its subsidiaries (transferor) received "Civil complaint", "evidence Catalog" and other litigation documents. Jiangsu Shagang Group Co., Ltd. And Jiangsu Shagang Group Investment Holdings Co., Ltd., alleging that the transferor (as the "defendant") has committed a breach of contract under the "Equity transfer Agreement on Nanjing Nanjing Iron and Steel United Co., Ltd." filed a civil action with the Jiangsu higher people's Court, requiring the transferor to continue to perform the Equity transfer Agreement on Nanjing Nanjing Iron and Steel United Co., Ltd. To transfer the underlying equity to the plaintiff.