C.banner International Reaches Settlement in Litigation Against Nanjing Mayflower with Scheduled Repayments

Reuters

Jul 17

C.banner International Reaches Settlement in Litigation Against Nanjing Mayflower with Scheduled Repayments

C.banner International Holdings Limited has issued an update regarding its ongoing litigation against Nanjing Mayflower. The legal proceedings were initiated by Xuzhou C.banner, a subsidiary of the company, in response to a default in trade debt repayments by Nanjing Mayflower. The dispute involves substantial financial claims, following previous announcements by C.banner regarding the very significant disposal of its shares in Allied Great International Holdings Limited. The company continues to address the situation, adhering to the regulations of the Hong Kong Stock Exchange. The executive board, comprising Mr. CHEN Yixi, Mr. YUAN Zhenhua, Mr. WU Weiming, and Mr. ZHANG Baojun, alongside non-executive and independent directors, remains actively engaged in managing this legal challenge.

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. C.banner International Holdings Limited published the original content used to generate this news brief on July 17, 2025, and is solely responsible for the information contained therein.

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The legal proceedings were initiated by Xuzhou C.banner, a subsidiary of the company, in response to a default in trade debt repayments by Nanjing Mayflower. The dispute involves substantial financial claims, following previous announcements by C.banner regarding the very significant disposal of its shares in Allied Great International Holdings Limited. The company continues to address the situation, adhering to the regulations of the <a href=\"https://laohu8.com/S/HKRHF\">Hong Kong</a> Stock Exchange. The executive board, comprising Mr. CHEN Yixi, Mr. YUAN Zhenhua, Mr. WU Weiming, and Mr. ZHANG Baojun, alongside non-executive and independent directors, remains actively engaged in managing this legal challenge.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. C.banner International Holdings Limited published the original content used to generate this news brief on July 17, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0229","symbol_name":"化学制品","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250717:nNDL8p77ML:1","article_id":"2552648917","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2552648917","pubTimestamp":1752754541,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"C.banner International Holdings Limited has issued an update regarding its ongoing litigation against Nanjing Mayflower. The legal proceedings were initiated by Xuzhou C.banner, a subsidiary of the company, in response to a default in trade debt repayments by Nanjing Mayflower. The dispute involves substantial financial claims, following previous announcements by C.banner regarding the very significant disposal of its shares in Allied Great International Holdings Limited. The company continues to address the situation, adhering to the regulations of the Hong Kong Stock Exchange. The executive board, comprising Mr. CHEN Yixi, Mr. YUAN Zhenhua, Mr. WU Weiming, and Mr. ZHANG Baojun, alongside non-executive and independent directors, remains actively engaged in managing this legal challenge.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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The dispute involves substantial financial claims, following previous announcements by C.banner regarding the very significant disposal of its shares in Allied Great International Holdings Limited. The company continues to address the situation, adhering to the regulations of the Hong Kong Stock Exchange. The executive board, comprising Mr. CHEN Yixi, Mr. YUAN Zhenhua, Mr. WU Weiming, and Mr. ZHANG Baojun, alongside non-executive and independent directors, remains actively engaged in managing this legal challenge.\n      \n\nDisclaimer: 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. 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