---
title: "ST NARADA: Involved in a financial loan contract dispute of 145 million yuan, and additionally has a litigation arbitration case of 411 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290168384.md"
description: "ST NARADA announced that the company and its subsidiary NARADA Hongxin Power, along with Anhui Huabo Company, recently received legal documents from the Intermediate People's Court of Fuyang City, Anhui Province, regarding a financial loan contract dispute, with an amount involved of 145 million yuan. The court has filed the case but has not yet held a hearing, and the impact on the company's profits is uncertain. As of the announcement date, the company and its subsidiaries have been involved in a total of 70 lawsuits and arbitrations within the past 12 months, with an amount involved of approximately 411 million yuan, accounting for over 10% of the most recent audited net assets, with the company and its subsidiaries being the defendants"
datetime: "2026-06-18T08:57:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290168384.md)
  - [en](https://longbridge.com/en/news/290168384.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290168384.md)
---

# ST NARADA: Involved in a financial loan contract dispute of 145 million yuan, and additionally has a litigation arbitration case of 411 million yuan

NARADA announced that the company and its subsidiary Nandu Hongxin Power, along with Anhui Huabo Company, recently received legal documents from the Intermediate People's Court of Fuyang City, Anhui Province, regarding a financial loan contract dispute involving an amount of 145 million yuan. The court has filed the case but has not yet held a hearing, and the impact on the company's profits is uncertain. As of the announcement date, the company and its subsidiaries have been involved in a total of 70 lawsuits and arbitrations over the past 12 months, with an amount involved of approximately 411 million yuan, accounting for more than 10% of the most recent audited net assets, with the company and its subsidiaries being the defendants

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