New Universe Environmental Group Faces Legal Proceedings as Guarantor

Reuters
Nov 13, 2025
New Universe Environmental Group Faces Legal Proceedings as Guarantor

New Universe Environmental Group Ltd. has announced that it has received a summons in connection with legal proceedings in which the company is named as guarantor. The proceedings relate to Liuzhou Xinyu Rongkai Solid Waste Disposal Company Limited, a joint venture in which New Universe Environmental Group holds a 65% equity interest. The company stated that, to the best of its knowledge, the litigation is not expected to have a material adverse effect on its financial position. The group is seeking legal advice and will issue further announcements if necessary. Shareholders and investors are advised to exercise caution when dealing in the company's securities.

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