STRONG PETRO: STRONG PETRO Hong Kong submitted a summons to the High Court of the Hong Kong Special Administrative Region against Yao Guoliang and Tan Xiao
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STRONG PETRO announced that on October 15, 2025, STRONG PETRO Hong Kong submitted a summons to the High Court of Hong Kong, accusing former directors Yao Guoliang and Tan Xiao of breaching fiduciary duties in crude oil transactions with external contractors in 2024, seeking compensation of approximately 37 million yuan, and requesting the court to declare the relevant meetings and resolutions invalid. The company will continue to seek legal advice and will issue further announcements at the appropriate time
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