China Resources Medical Holdings Co. Ltd. has initiated legal proceedings against Yan Hua Phoenix and Yan Hua Hospital concerning a dispute over the Yan Hua IOT Agreement. The Beijing Second Intermediate People's Court has formally accepted the case, which involves claims for breach of contract and the return of relevant funds. The company seeks the termination of the agreement and compensation for the alleged breach. Investors are advised to exercise caution when dealing with the company's shares as the case progresses.
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