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ST Dahua announced that the equity transfer dispute between the company and Shenzhen Lankun Technology Co., Ltd. was mediated by the court to reach a debt restructuring arrangement. As of September 30, 2026, Lan Kun Company still owed the company's share transfer principal amount of 44.097 million yuan, of which 16 million yuan was reimbursed by real estate in Chengdu under the name of Lan Kun Company, plus 1,547,900 yuan in accounts payable by the company. The remaining 265.497 million yuan Lan Kun Company must be settled in installments before December 31, 2029. This debt restructuring does not constitute a major asset restructuring and does not involve related transactions. It is expected to have a positive impact on the company's 2026 financial situation, and there is uncertainty about actual execution.
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ST Dahua announced that the equity transfer dispute between the company and Shenzhen Lankun Technology Co., Ltd. was mediated by the court to reach a debt restructuring arrangement. As of September 30, 2026, Lan Kun Company still owed the company's share transfer principal amount of 44.097 million yuan, of which 16 million yuan was reimbursed by real estate in Chengdu under the name of Lan Kun Company, plus 1,547,900 yuan in accounts payable by the company. The remaining 265.497 million yuan Lan Kun Company must be settled in installments before December 31, 2029. This debt restructuring does not constitute a major asset restructuring and does not involve related transactions. It is expected to have a positive impact on the company's 2026 financial situation, and there is uncertainty about actual execution.
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