Hainan United Oils & Technologies Development Co., Ltd. announced that its subsidiary, a Tianjin-based bio-energy company (Company A), has received 12 verdicts from 5 courts including People's Court of Xiqing District, Tianjin, People's Court of Yongqing County, Hebei, Intermediate People's Court of Huludao, Liaoning, People's Court of Ji County, Tianjin, and People's Court of Xiong County, Hebei, regarding 12 lawsuits filed by 12 plaintiffs including seven individuals and five companies, due to debt and contract disputes. According to the verdicts, Company A are required to pay compensation to plaintiffs.