--- title: "Kangqiao Service says China Supreme Court retrial bid in subsidiary litigation remains pending" type: "News" locale: "en" url: "https://longbridge.com/en/news/295406426.md" description: "Kangqiao Service Group's retrial application to the PRC Supreme People’s Court regarding subsidiary litigation remains pending as of August 10, 2026. This unresolved case continues to cause an auditor's disclaimer on the 2025 financial statements due to going-concern uncertainty. The company cannot quantify potential indemnity from Song Xiangxi and is monitoring cash flow while maintaining its prior stance." datetime: "2026-08-10T12:23:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295406426.md) - [en](https://longbridge.com/en/news/295406426.md) - [zh-HK](https://longbridge.com/zh-HK/news/295406426.md) generator: "portal-rs" --- # Kangqiao Service says China Supreme Court retrial bid in subsidiary litigation remains pending - Kangqiao Service Group’s PRC Supreme People’s Court retrial application tied to the Second Civil Judgment remained pending as of Aug. 10, 2026. \* The unresolved case continued to underpin the auditor’s disclaimer of opinion on the group’s 2025 financial statements over going-concern uncertainty. \* The company still could not quantify any reimbursement or indemnity it may seek from Song Xiangxi for losses linked to the judgment. \* Management maintained its prior stance on the matter, while monitoring the retrial process and cash flow. 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. Kangqiao Service Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260810-12279112), on August 10, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) ### Related Stocks - [02205.HK](https://longbridge.com/en/quote/02205.HK.md) - [00388.HK](https://longbridge.com/en/quote/00388.HK.md) - [80388.HK](https://longbridge.com/en/quote/80388.HK.md) - [HKXCY.US](https://longbridge.com/en/quote/HKXCY.US.md) ## Related News & Research - [Kangqiao Service unit loses Supreme People’s Court retrial bid in loan dispute](https://longbridge.com/en/news/298052153.md) - [Why the AI boom has become an election problem](https://longbridge.com/en/news/297766132.md) - [JY Grandmark says former holding company Sze Ming enters liquidation, EY partners appointed joint liquidators](https://longbridge.com/en/news/297654675.md) - [Kalshi ruling favoring states tees up Supreme Court fight](https://longbridge.com/en/news/297551117.md) - [US judge blocks Trump's newest order limiting birthright citizenship](https://longbridge.com/en/news/297833816.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**