Shenzhen Saige New City Construction Development Co., Ltd. is involved in a sales contract dispute. A court has ordered the auction of 51 properties to settle a debt of RMB 99,119,806.81. An additional property will also be auctioned, with the sale price impacting the company's profit.
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Shenzhen Saige Co., Ltd. Announcement on the Progress of Litigation Involving a Controlled Subsidiary
The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.
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