New City Development (0456) Receives Arbitral Award Involving RMB23.34 Million

Bulletin Express

Jan 19

New City Development Group Limited (0456) announced that its subsidiaries, Fudi International Holdings Limited, Luoyang Wanheng Real Estate Company Limited, and Kayuan Enterprise Investment Co. Limited, received an arbitral award on 16 January 2026 issued by the Huizhou Arbitration Commission. The award was made in favor of Guangdong Changna Investment Development Company Limited, ordering the respondents to pay damages of RMB23,339,765.69 alongside arbitration costs of RMB292,235.

The award stems from an alleged breach of a Development and Cooperation Agreement signed on 10 August 2023, relating to the rental arrangements of Changliu Industrial Park in Guangzhou, which is owned by the group. It was stated that the group is seeking legal advice regarding the arbitral decision and will proceed in accordance with the relevant listing regulations.

The company indicated that the award does not pose a material adverse impact on its current overall business operations. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1105902325"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1105902325\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1105902325?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-19 23:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1105902325","market":"us","top_or_hot":-1,"title":"New City Development (0456) Receives Arbitral Award Involving RMB23.34 Million","media":"Bulletin Express","content":"<p>New City Development Group Limited (0456) announced that its subsidiaries, Fudi International Holdings Limited, Luoyang Wanheng Real Estate Company Limited, and Kayuan Enterprise Investment Co. Limited, received an arbitral award on 16 January 2026 issued by the Huizhou Arbitration Commission. The award was made in favor of Guangdong Changna Investment Development Company Limited, ordering the respondents to pay damages of RMB23,339,765.69 alongside arbitration costs of RMB292,235.</p>\n<p>The award stems from an alleged breach of a Development and Cooperation Agreement signed on 10 August 2023, relating to the rental arrangements of Changliu Industrial Park in Guangzhou, which is owned by the group. It was stated that the group is seeking legal advice regarding the arbitral decision and will proceed in accordance with the relevant listing regulations.</p>\n<p>The company indicated that the award does not pose a material adverse impact on its current overall business operations. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>New City Development (0456) Receives Arbitral Award Involving RMB23.34 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNew City Development (0456) Receives Arbitral Award Involving RMB23.34 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-01-19 23:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>New City Development Group Limited (0456) announced that its subsidiaries, Fudi International Holdings Limited, Luoyang Wanheng Real Estate Company Limited, and Kayuan Enterprise Investment Co. Limited, received an arbitral award on 16 January 2026 issued by the Huizhou Arbitration Commission. The award was made in favor of Guangdong Changna Investment Development Company Limited, ordering the respondents to pay damages of RMB23,339,765.69 alongside arbitration costs of RMB292,235.</p>\n<p>The award stems from an alleged breach of a Development and Cooperation Agreement signed on 10 August 2023, relating to the rental arrangements of Changliu Industrial Park in Guangzhou, which is owned by the group. It was stated that the group is seeking legal advice regarding the arbitral decision and will proceed in accordance with the relevant listing regulations.</p>\n<p>The company indicated that the award does not pose a material adverse impact on its current overall business operations. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00456","symbol_name":"新城市建设发展","start_time":0,"source_url":"","article_id":"1105902325","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1105902325","pubTimestamp":1768835062,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"New City Development Group Limited (0456) announced that its subsidiaries, Fudi International Holdings Limited, Luoyang Wanheng Real Estate Company Limited, and Kayuan Enterprise Investment Co....","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00456":"新城市建设发展"},"translate_title":"新城发展(0456)获仲裁裁决涉及2334万元","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00456":1},"content_text":"New City Development Group Limited (0456) announced that its subsidiaries, Fudi International Holdings Limited, Luoyang Wanheng Real Estate Company Limited, and Kayuan Enterprise Investment Co. Limited, received an arbitral award on 16 January 2026 issued by the Huizhou Arbitration Commission. The award was made in favor of Guangdong Changna Investment Development Company Limited, ordering the respondents to pay damages of RMB23,339,765.69 alongside arbitration costs of RMB292,235.\nThe award stems from an alleged breach of a Development and Cooperation Agreement signed on 10 August 2023, relating to the rental arrangements of Changliu Industrial Park in Guangzhou, which is owned by the group. It was stated that the group is seeking legal advice regarding the arbitral decision and will proceed in accordance with the relevant listing regulations.\nThe company indicated that the award does not pose a material adverse impact on its current overall business operations. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"SGX","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}