Changhong Jiahua Holdings Ltd. Involved in Ongoing Litigation Over Sales Contract Dispute with Suning Procurement Center
Reuters
Jul 10
Changhong Jiahua Holdings Ltd. Involved in Ongoing Litigation Over Sales Contract Dispute with Suning Procurement Center
Changhong Jiahua Holdings Ltd. has announced a development in its ongoing litigation concerning a sales contract dispute with Suning Procurement Center. The Higher People's Court of Jiangsu Province has accepted an appeal lodged by Suning Procurement Center and transferred it to the Second Civil Trial Division for adjudication. The case, currently in its second instance, remains uncertain regarding the final judgment and its potential impact on the company's profits. Changhong Jiahua Holdings Ltd. is committed to advocating for its rights and is prepared to take necessary legal measures to protect its interests and those of its shareholders. Further updates will be provided as the situation develops.
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