Minsheng Education Group Loses Appeal in Ongoing Loan Dispute Litigation

Reuters
02/10
Minsheng Education Group Loses Appeal in Ongoing Loan Dispute Litigation

Minsheng Education Group Co. Ltd. is currently involved in ongoing litigation related to its connected and discloseable transactions regarding the provision of loans. The dispute, which involves Chongqing Yuecheng and Leed National, is being resolved through arbitration at the China International Economic and Trade Arbitration Commission (CIETAC). In August 2023, the Grand Court of the Cayman Islands issued an order restraining Minsheng Vocational from enforcing certain share charges. Attempts to appeal this order to the Court of Appeal of the Cayman Islands and to seek further appeal to the Judicial Committee of the Privy Council were unsuccessful between September 2023 and March 2025. As of February 2026, the arbitration remains undecided and the restraining order is still in effect. The company has stated it will provide updates to shareholders and investors as developments occur. Shareholders and potential investors are advised to exercise caution in dealing with the company's securities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Minsheng Education Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260210-12021120), on February 10, 2026, and is solely responsible for the information contained therein.

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