-+ 0.00%
-+ 0.00%
-+ 0.00%
Radio and Television Network announced that on August 12, 2026, the company received a “Civil Mediation Letter” from the Beijing Haidian District People's Court to reach a settlement on the contract dispute with CGTV Satellite Co., Ltd. The company will pay a total of 70.1917 million yuan in installments between 2026 and 2028, accounting for 12.94% of the latest audited net assets. As of the announcement date, 5.7058 million yuan had been paid, and all frozen bank accounts had been unblocked.
Share
Listen to the news
Radio and Television Network announced that on August 12, 2026, the company received a “Civil Mediation Letter” from the Beijing Haidian District People's Court to reach a settlement on the contract dispute with CGTV Satellite Co., Ltd. The company will pay a total of 70.1917 million yuan in installments between 2026 and 2028, accounting for 12.94% of the latest audited net assets. As of the announcement date, 5.7058 million yuan had been paid, and all frozen bank accounts had been unblocked.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending