NanJi E-Commerce Co., Ltd. Engages in Dispute Over Label Sales with Major Client
NanJi E-Commerce Co., Ltd. (ticker 002127.SZ) announced on 12 August 2026 that it has intensified litigation against a major client, Shanghai Xinheng Zhao. The company increased its claim against the client from 81.69 million CNY to 296 million CNY in a single filing. In response, the client counter‑claimed 313 million CNY for damages.
The dispute centers on NanJi E-Commerce’s “label sales” (吊牌) business, in which the company supplies branded labels to retailers. The announcement indicates that the company regards the “label sales” segment as a significant source of risk, citing the difficulties inherent in the business model. The escalation of the lawsuit reflects a broader strategy by the company to protect its revenue streams and contractual rights in the face of client disputes.
The litigation developments are reported by 野马财经 through its partnership with the Chinese financial news platform money.163.com. No additional financial or operational details were disclosed in the announcement beyond the claim amounts and the nature of the dispute.
