---
title: "ST NCGF has been issued a consumption restriction order"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/250759543.md"
description: "According to the Zhitong Finance APP, ST NCGF announced that the company and some subsidiaries recently received a \"Restriction on Consumption Order\" issued by the People's Court of Quangang District, Quanzhou City, Fujian Province. The reason for the issuance of the restriction order is mainly due to a financial loan contract dispute between the company and its subsidiaries and Industrial Bank Co., Ltd. Quanzhou Quangang Branch, where the company and its subsidiaries failed to fulfill the obligations determined by the effective legal documents"
datetime: "2025-07-30T10:10:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/250759543.md)
  - [en](https://longbridge.com/en/news/250759543.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/250759543.md)
---

# ST NCGF has been issued a consumption restriction order

According to the Zhitong Finance APP, ST NCGF (300198.SZ) announced that the company and some subsidiaries recently received a "Restriction on Consumption Order" issued by the People's Court of Quangang District, Quanzhou City, Fujian Province. The reason for the issuance of the restriction order is mainly due to the financial loan contract dispute between the company and its subsidiaries and Industrial Bank Co., Ltd. Quanzhou Quangang Branch, as the company and its subsidiaries failed to fulfill the obligations determined by the effective legal documents

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