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Xinghui Co., Ltd. announced that the company previously disclosed an equity transfer contract dispute with nine defendants, including Sun Caijin and Zhu Jiajia. Recently, it received a final judgment from the Guangdong Higher People's Court, which annulled the first instance judgment. The defendants were ordered to jointly pay 9.6396 million yuan in taxes to Zebao Technology, a holding subsidiary of the company, and to pay an interim amount of 1.571,000 yuan in interest to the company, totaling about 112.106 million yuan. This judgment is final, but there is uncertainty about execution and execution results.
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Xinghui Co., Ltd. announced that the company previously disclosed an equity transfer contract dispute with nine defendants, including Sun Caijin and Zhu Jiajia. Recently, it received a final judgment from the Guangdong Higher People's Court, which annulled the first instance judgment. The defendants were ordered to jointly pay 9.6396 million yuan in taxes to Zebao Technology, a holding subsidiary of the company, and to pay an interim amount of 1.571,000 yuan in interest to the company, totaling about 112.106 million yuan. This judgment is final, but there is uncertainty about execution and execution results.
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