Brief: Huazhang Technology Says Unit Received First Instance Judgment Dated 24 Dec 2021 Handed By Court

Huazhang Technology Holding

21/01/2022 14:58

Jan 21 (Reuters) - Huazhang Technology Holding Ltd
 1673.HK :
    * ZHEJIANG HUAZHANG RECEIVED A FIRST INSTANCE JUDGMENT DATED
24
DEC 2021 HANDED DOWN BY COURT
    * YUNNAN YUNHONG PAPER AND ZHEJIANG HUAZHANG WERE ORDERED,
AMONG
OTHERS, TO PAY AGGREGATE AMOUNT OF RMB37.6 MILLION TO PLAINTIFF
    * PLAINTIFF ALSO APPLIED TO COURT FOR A PROPERTY
PRESERVATION
ORDER AGAINST YUNNAN YUNHONG PAPER AND ZHEJIANG HUAZHANG
    * PROPERTY PRESERVATION ORDER TO FREEZE CERTAIN PRC BANK
ACCOUNTS
OF ZHEJIANG HUAZHANG
    * ZHEJIANG HUAZHANG HAS FILED AN APPEAL TO HIGHER PEOPLE'S
COURT
OF YUNNAN PROVINCE SEEKING TO OVERTURN JUDGMENT

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