---
title: "SANAI HEALTH GP: The court confirms the payment responsibility of Fujian SANAI, and the company must fulfill joint liability"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286489831.md"
description: "SANAI HEALTH GP announced that the court confirmed the payment responsibility of Fujian SANAI, and the company and related parties must bear joint liability. The final judgment revoked the previous ruling, and the plaintiff must declare the claim in the liquidation process. The litigation amount is expected to affect the company's cash and net assets, and the company will assess the impact on the financial statements and may seek recovery to reduce losses"
datetime: "2026-05-15T01:12:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286489831.md)
  - [en](https://longbridge.com/en/news/286489831.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286489831.md)
---

# SANAI HEALTH GP: The court confirms the payment responsibility of Fujian SANAI, and the company must fulfill joint liability

SANAI HEALTH GP (01889.HK) announced that the lawsuit case has been sent back to the Beijing High People's Court for a second appeal. The company has received the civil judgment issued by the Beijing High People's Court regarding the second appeal.

According to the final judgment, the ruling of the Beijing Fourth Intermediate People's Court has been revoked; the payment obligation owed by Fujian SANAI to the plaintiff has been confirmed, and the plaintiff must legally declare the above-mentioned creditor's rights in the liquidation process of Fujian SANAI, but cannot be individually repaid; the company, Lin Ouwen, and Lin Min shall bear joint liability for the litigation amount, and after fulfilling the above joint liability, they have the right to seek reimbursement from Fujian SANAI in the liquidation process; any other claims made by the plaintiff have been dismissed; and the rulings contained in the final judgment are final.

Based on the final judgment, it is expected that the litigation amount will reduce the company's cash and cash equivalents as well as net assets. The company currently has sufficient cash to settle the litigation amount. Prior to the date of the final judgment, the company did not make any provisions for estimated liabilities related to lawsuits for past years for which the company's auditors expressed a qualified opinion, as the auditors were unable to obtain sufficient appropriate audit evidence to assess whether any provision should be made.

The company is evaluating the impact of the litigation on the consolidated financial statements for the year ending December 31 of this year. After fulfilling the joint liability of the litigation, the company has the right to seek reimbursement from other defendants and related parties in accordance with the law and may take other remedial measures to minimize the company's losses

### Related Stocks

- [01889.HK](https://longbridge.com/en/quote/01889.HK.md)

## Related News & Research

- [CITIC Resets Aluminium Hub Procurement Deal After Adding New Connected Suppliers](https://longbridge.com/en/news/290959758.md)
- [CITIC Limited shareholders pass AGM resolutions by poll vote](https://longbridge.com/en/news/290955279.md)
- [Fusen Pharmaceutical Wins China Nod for Peramivir Flu Injection](https://longbridge.com/en/news/290914836.md)
- [Soitec says CDC beneficial stake falls to 12.16% of capital, 17.84% voting rights](https://longbridge.com/en/news/290845925.md)
- [MMG Wins Vienna Listing for US$800 Million Convertible Bonds](https://longbridge.com/en/news/290591233.md)