China Qidian Guofeng Subsidiary Wins Appeal, Litigation Risks Eliminated
China Qidian Guofeng Holdings Ltd. announced that its subsidiary won an appeal in a legal case, with the Jiangsu Yangzhou Intermediate People’s Court ruling in favor of the company. The court dismissed claims from Nanjing Haihuitong against Yangzhou Huiyin Commercial Chain, Laitai Trading, and Anhui Four Seas. As a result, an asset preservation order restricting equity disposal in Anhui Four Seas is expected to be revoked. The company will monitor the proceedings for formal revocation.
China Qidian Guofeng Holdings Ltd. announced an update on legal proceedings involving its subsidiary. The Jiangsu Yangzhou Intermediate People’s Court issued a final ruling in favor of the company, dismissing Nanjing Haihuitong’s claims against Yangzhou Huiyin Commercial Chain, Laitai Trading, and Anhui Four Seas. Consequently, the asset preservation order that restricted the disposal of equity interest in Anhui Four Seas is expected to be revoked. The company will continue to monitor the proceedings to ensure the formal revocation of the order. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Qidian Guofeng Holdings Ltd. published the original content used to generate this news brief on September 23, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
