Gelonghui on November 20th. China Aerospace Holdings (00031.HK) announced that the company was informed that Gaoke Property received the final judgment of appeal from the Shenzhen Intermediate People's Court of Guangdong Province on November 19, 2024 regarding the lawsuit III of Huabao Run (Gaoke Property's appeal against Huabao Run for property management fee arrears, etc.) The specific content of the judgment is as follows:
1. The appeal is rejected, and the original judgment is upheld.
2. The second-instance case acceptance fee is RMB 44,636, to be borne by the appellant Gaoke Property.
As disclosed in the company's announcements dated June 7, 2024 and September 4, 2024, it is expected that Huabao Run will need to pay a total of approximately RMB 68.6 million to China Aerospace Gaoke and Gaoke Property (as of November 19, 2024, the final amount will be determined by the execution). The above lawsuit is final judgment.