Kangqiao Service (2205) Announces Update on Subsidiary Litigation

Bulletin Express
02/13

Kangqiao Service Group Limited (Stock Code: 2205) disclosed that its wholly-owned subsidiary, Kangqiao Yueshenghuo Service Group Co., Ltd., received a civil judgment on February 12, 2026, regarding a legal dispute involving an alleged guarantee.

The court determined that the guarantee in question is legally binding on the subsidiary. As a result, the subsidiary is liable for RMB 473.70 million, comprising the principal under certain loan agreements, plus interest calculated at the agreed rate until repayment.

Kangqiao Service Group Limited is reviewing the second civil judgment with its legal advisors and evaluating the potential financial implications of the ruling. According to the company, any significant developments will be disclosed through additional announcements in due course. Shareholders and potential investors are urged to exercise caution when dealing in the company’s shares.

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