Zhitong Finance App News, Huajin International Holdings (02738.HK) issued an announcement. The board of directors of the company learned that from September 16, 2026 to October 13, 2026, several subsidiaries of the Group, namely Jiangmen Huajin Metal Products Co., Ltd. (Huajin), Jiangmen Huamu Hardware Co., Ltd. (Huajin Industrial), and Guangdong Huajin Industrial Co., Ltd. (Huajin Industrial), have become parties to a total of 53 newly initiated civil execution procedures. The relevant procedures were carried out in the People's Courts of Guangdong Province at various levels (including the People's Court of Xinhui District of Jiangmen City). These procedures derive from commercial transactions in the daily business process of the relevant subsidiary, including procurement of raw materials and outstanding repayment obligations. Some of the applicants are customers for which the Group has received advance payments, while others are suppliers for which the Group still has outstanding trade accounts payable.

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.