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Huati Technology announced that the company previously filed a lawsuit over a contract dispute with Chengdu Tianfu Greenway Construction Investment Group Co., Ltd. The total amount of the original lawsuit was 250 million yuan. Following court mediation, the two parties reached an agreement. Tianfu Greenway Group will pay the company's repurchase price of 18.7044 million yuan in three instalments, with the first payment of 2.5532 million yuan before July 30, 2026. The company has already prepared 2.014 million yuan for bad debts in the early stages, which will be transferred back when actually received. The remaining unconfirmed amount is subject to subsequent settlement review, and the company has the right to make separate claims.
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Huati Technology announced that the company previously filed a lawsuit over a contract dispute with Chengdu Tianfu Greenway Construction Investment Group Co., Ltd. The total amount of the original lawsuit was 250 million yuan. Following court mediation, the two parties reached an agreement. Tianfu Greenway Group will pay the company's repurchase price of 18.7044 million yuan in three instalments, with the first payment of 2.5532 million yuan before July 30, 2026. The company has already prepared 2.014 million yuan for bad debts in the early stages, which will be transferred back when actually received. The remaining unconfirmed amount is subject to subsequent settlement review, and the company has the right to make separate claims.
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