Sanai Health Industry Group Faces Significant Litigation Judgment

Sanai Health Industry Group Company Limited ( (HK:1889) ) just unveiled an announcement.

Sanai Health Industry Group Company Limited has received a civil judgment from the No. 4 Intermediate People’s Court of Beijing regarding a retrial of a litigation case. The judgment affirms the company’s obligation to pay a significant litigation amount, including outstanding principal, interest, default payment, legal fees, and preservation insurance fees. The company, along with Lin Ouwen and Lin Min, is held jointly liable for this amount and may appeal the decision to the High People’s Court of Beijing. The company is consulting with its legal advisers and plans to lodge an appeal, advising shareholders and potential investors to exercise caution when dealing with its shares.

More about Sanai Health Industry Group Company Limited

Sanai Health Industry Group Company Limited is a company incorporated in the Cayman Islands, operating in the health industry sector. The company, along with its subsidiaries, focuses on providing health-related products and services.

YTD Price Performance: -19.48%

Average Trading Volume: 190,905

Technical Sentiment Signal: Sell

Current Market Cap: HK$47.4M

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