Jiayuan Services Holdings Ltd. Enters Into RMB86 Million Settlement Agreement Involving Car Parking Spaces and Cash Payments

Reuters
16 May
Jiayuan Services Holdings Ltd. Enters Into RMB86 Million Settlement Agreement Involving Car Parking Spaces and Cash Payments

Jiayuan Services Holdings Ltd., a company incorporated in the Cayman Islands with limited liability, has announced a significant enforcement settlement agreement involving a transaction valued at RMB86,000,000. The agreement includes the assignment of 1,034 car parking spaces by Jiayuan Chuangsheng or its related parties, and a cash settlement to be paid by Zhejiang Heyuan and Zhejiang Zhixiang Dacheng. The cash payments are structured in installments, with an initial payment of RMB5,000,000 due upon signing the agreement. This settlement aims to resolve arbitration matters amicably and efficiently, aligning with the company's interests. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares.

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