Brief: Xinte Energy Updates On Litigation Involving A Subsidiary
29/04/2021 16:28
April 29 (Reuters) - Xinte Energy Co Ltd 1799.HK :
* UPDATES ON LITIGATION INVOLVING A SUBSIDIARY
* XINJIANG NEW ENERGY NEGOTIATED AND ENTERED SETTLEMENT
AGREEMENT
WITH XUYI HIGH DRIVE AND JIANGSU HIGH DRIVE
* PARTIES AGREED XUYI HIGH DRIVE SHALL PAY RMB877.8 MILLION
FOR
FEES TO XINJIANG NEW ENERGY
Source text for Eikon: ID:nHKSbMYFyQ
Further company coverage: 1799.HK
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