Recently, the company filed a civil lawsuit with the Shanghai Minhang District People's Court regarding the contractual dispute between the company and Shanghai Embedway Technologies Co., Ltd., a wholly-owned subsidiary of Embedway Technologies. The court has issued a Notice of Acceptance (No. 2024) Shanghai 0112 Min Chu 36602. As of the date of this announcement, the case has been filed and accepted, but no court hearing has been held. The company requests that Embedway Technologies immediately refund the remaining deposit of 53.325 million yuan and pay a total of 11.4939 million yuan in contract breach penalties, with a total requested amount of 64.8189 million yuan.
碧兴物联：因买卖合同纠纷，公司对恒为科技及其子公司提起诉讼
Bixing IoT: The company has filed a lawsuit against Embedway Technologies and its subsidiaries due to a dispute over a purchase and sale contract.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.