Ningbo Bohui Chemical Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Important Content Reminder:
- The arbitration stage of this major case: Hong Kong revocation hearing.
- The party status of the Company in this major arbitration case: Defendant/Applicant for arbitration.
- Amount involved: RMB 71,087,122.30 (amount ordered to be paid as per the "Final Award," calculated up to the date of the award).
- Impact on the Company's profit and loss: The Hong Kong High Court ruled to dismiss Fuchen Co., Ltd.'s application to revoke the arbitration, maintaining the validity of the "Final Award" issued by the Hong Kong International Arbitration Centre. Fuchen Co., Ltd. has not yet fulfilled the payment obligations determined by the "Final Award," and the outcome of subsequent enforcement remains uncertain. The Company is currently unable to assess the impact of this arbitration progress on its current or future profits.