Ubox Online (02429.HK) announced that on October 16, it received an arbitration notice submitted by Guangzhou Fuhong Asia Vets Technology (the applicant) to the China International Economic and Trade Arbitration Commission. The notice involves allegations of disputes arising from the management and affairs of the company's subsidiary Shenzhen Youfu, claiming for equity of 0.145 billion RMB including default interest, legal fees, and arbitration costs. The company is currently seeking legal advice on the arbitration process. So far, the arbitration proceedings have not had a significant adverse impact on the group's business and general operations.