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Changhong Jiahua Holdings Ltd. ( (HK:3991) ) has provided an announcement.
Changhong Jiahua Holdings Limited announced a legal update regarding its litigation with Suning Procurement Center over a sales contract dispute. The Higher People’s Court of Jiangsu Province dismissed Suning’s appeal, affirming the original judgment, and imposed a case acceptance fee on Suning. The company is currently unable to determine the litigation’s impact on its financials but is committed to protecting its rights and interests.
The most recent analyst rating on (HK:3991) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on Changhong Jiahua Holdings Ltd. stock, see the HK:3991 Stock Forecast page.
More about Changhong Jiahua Holdings Ltd.
Changhong Jiahua Holdings Limited is a company incorporated in Bermuda, focusing on the technology industry with a specialization in IT digital technology products and services.
Average Trading Volume: 636,964
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.26B
For detailed information about 3991 stock, go to TipRanks’ Stock Analysis page.