Pan Hai Holdings Co., Ltd. Major Litigation Announcement
The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
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Major Litigation Announcement
✨ AI Summary
On January 22, 2024, Pan Hai Holdings Co., Ltd. was informed of a lawsuit filed by Bohai Bank against its wholly-owned subsidiary, Zhongfan Group, and others for a financial loan dispute. The court has frozen approximately 2.02 billion RMB in assets. The company is unable to estimate the final impact of this litigation at this time.
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