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Xingfu Pharmaceutical was accused of defaulting on the construction fee of Dajuan Pharmaceutical Factory, and the contractor's workers demanded more than 20 million yuan.

2022-12-20T06:11:35.132Z


Xingfu Pharmaceutical, a long-established pharmaceutical company with a history of nearly 70 years, purchased the former factory site of the China Dyeing Factory Building in Yuen Long Industrial Estate for 230 million yuan in 2014. The floor area is about 320,000 square feet. factory (engineering


Xingfu Pharmaceutical, a long-established pharmaceutical company with a history of nearly 70 years, purchased the former factory site of the China Dyeing Factory Building in Yuen Long Industrial Estate for 230 million yuan in 2014. The floor area is about 320,000 square feet. Factory (Engineering) Co., Ltd."

However, the second judgment complained that after the completion of the project in 2019, Xingfu Pharmaceutical owed about 40 million yuan to the senior judge "Shengbai" for the project, which caused "Shengbai" to fail to pay more than 20 million yuan to more than a dozen contractors. Metaengineering mantissa.


Today (20) at about 9:30 in the morning, about 30 contractors and workers from the "Happy Sufferers Alliance" formed by several contracting companies went to the Xingfu Pharmaceutical factory site at No. 50-68 Wang Lok Street, Yuen Long Industrial Estate to recover Engineering mantissa.

They held up white cloths at the entrance of the pharmaceutical factory with the words "Sweat out, no food out", "Project fees are in arrears for several years", etc. to demonstrate.

Several police officers attended the scene to understand the situation.

The reporter of "Hong Kong 01" is inquiring about this to Xingfu Medicine and "Shengbai Construction Factory (Engineering) Co., Ltd.", but has not received a reply yet.

Mr. Deng, the representative of the contractor company, said that the construction of Xingfu Pharmaceutical Factory was carried out from 2017 to 2019. However, it has been nearly 3 years, and Xingfu Pharmaceutical still owes the project fee to Dajuan "Shengbai Construction Factory (Engineering) Co., Ltd." "Shengbai" has not yet paid the final balance of the project to the contracting companies.



Mr. Deng said that the contractor company had already paid the workers’ wages in advance, so there was no wage arrears. However, "Shengbai" still owed each contractor 2 million to 3 million yuan in construction fees, that is, a total of more than 20 million yuan, so they The "Happy Sufferer Alliance" was formed, hoping that Xingfu Medicine could pay the expenses to "Shengbai" as soon as possible, so that "Shengbai" could find the money as soon as possible.

Mr. Deng said that this is not the first recovery action, and has been carried out 6 to 7 times this year, but has not yet received a reply.

He also mentioned that the contractor company was in charge of building the factory building, and they paid for every brick and tile in the factory, describing "these are hard-earned money!"

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After checking the information, Xingfu Pharmaceutical issued a summons in January last year, accusing "Fu Qin Insurance (Hong Kong)" and "Shengbai Construction Factory (Engineering) Co., Ltd." of violating the signed deposit, and the content of the guarantee must be properly performed and complied with the relevant project works contract, the total claim amount is approximately HK$54 million.

Afterwards, "Shengbai" submitted a summons to the High Court to stay the legal proceedings for arbitration.

However, on February 5, 2022, "Fu Qin Insurance (Hong Kong)", which was also the defendant before, issued a writ of subpoena against Shengbai Holdings Co., Ltd. The construction factory deposited HKD 58.9 million in Fuqin to ensure that Shengbai Construction Factory properly performed and complied with the main construction contract of the Yuen Long factory development project.

"Shengbai" is applying to the High Court against Fuqin's application for summary judgment, which will be heard in December 2022.



According to Mr. Deng's understanding, all legal procedures are still on hold at present, and it is unknown when the final part of the project will be completed.



The reporter of "Hong Kong 01" is inquiring about this to Xingfu Pharmaceutical and "Shengbai Construction Factory (Engineering) Co., Ltd.", but they have not received a reply before the deadline.

Source: hk1

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