2004 Cooperation Agreement Dispute Case

[Lead Lawyer: Zhiming Lawyer] The "Pengcheng" Magazine (hereinafter referred to as "Pengcheng"), sponsored by the Shenzhen Municipal Committee of the Chinese People's Political Consultative Conference, became involved in a dispute with its cooperative partner, Shenzhen Yinzong Industrial Co., Ltd. (hereinafter referred to as "Yinzong"). Yinzong owed Pengcheng RMB 1 million in cooperation funds. After multiple unsuccessful negotiations with Yinzong, Pengcheng approached Zhiming Law Firm and commissioned Zhiming lawyers to act as its agents to handle the cooperation agreement dispute with Shenzhen Yinzong Industrial Co., Ltd. After accepting the commission, the Zhiming lawyers analyzed the case and, through persistent efforts, uncovered the opposing party's property leads. The case proceeded through filing, property preservation, public notice, and court hearing. The court ultimately rendered a first-instance judgment, ordering the defendant, Shenzhen Yinzong Industrial Co., Ltd., to pay the plaintiff, Pengcheng Magazine, the outstanding principal and interest. The plaintiff, Pengcheng Magazine, achieved a complete victory in this case.