Huabao International Wins RMB447 Million Arbitration Award in Shanghai Yifang Profits Dispute

Reuters

Feb 12

Huabao International Wins RMB447 Million Arbitration Award in Shanghai Yifang Profits Dispute

Huabao International Holdings Limited has provided an update on ongoing litigation related to a profits guarantee involving its subsidiary, Huabao Flavours & Fragrances Co., Ltd., and Shanghai Yifang Rural Technology Holdings Co. Ltd. The dispute arose after certain parties, including Qian Rong and Wong Kam Wing, failed to fulfill their capital increase commitments and Shanghai Yifang did not achieve the performance targets agreed upon. As a result, Huabao Flavours initiated arbitration proceedings at the Shanghai International Arbitration Center to seek compensation and enforce the agreed undertakings. Shareholders and potential investors are advised to exercise caution in 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. Huabao International Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260212-12023710), on February 12, 2026, and is solely responsible for the information contained therein.

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