Changhong Jiahua Holdings Ltd. Awaits Final Judgment in Ongoing Sales Contract Litigation

Reuters

May 26

Changhong Jiahua Holdings Ltd. Awaits Final Judgment in Ongoing Sales Contract Litigation

Changhong Jiahua Holdings Ltd. has announced progress in its ongoing litigation related to a dispute over a sales contract between its subsidiary, Changhong IT Digital, and Suning Procurement Center. The Intermediate People's Court of Nanjing, Jiangsu, has issued a first-instance judgment ordering Suning Procurement Center to pay Changhong IT Digital within thirty days. The litigation remains at an early stage, and there is uncertainty regarding the final judgment and its potential impact on the company's profits. Changhong Jiahua Holdings Ltd. is committed to protecting its rights and interests through legal measures and will provide further updates as the case develops. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares.

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. Changhong Jiahua Holdings Ltd. published the original content used to generate this news brief on May 26, 2025, and is solely responsible for the information contained therein.

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.

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Awaits Final Judgment in Ongoing Sales Contract Litigation","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Changhong Jiahua Holdings Ltd. Awaits Final Judgment in Ongoing Sales Contract Litigation\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Changhong Jiahua Holdings Ltd. has announced progress in its ongoing litigation related to a dispute over a sales contract between its subsidiary, Changhong IT Digital, and Suning Procurement Center. The Intermediate People's Court of Nanjing, Jiangsu, has issued a first-instance judgment ordering Suning Procurement Center to pay Changhong IT Digital within thirty days. 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