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Rongta Technology (Xiamen) Group Co. Ltd. Class H ( (HK:9881) ) has shared an update.
Rongta Technology (Xiamen) Group Co., Ltd. has received a civil complaint from Xiamen Pinnacle Electronics Co., Ltd., alleging infringement of trade secrets and seeking compensation of RMB199,999,994. The company denies the allegations and asserts that similar claims have been dismissed in the past, indicating minimal impact on its operations. The controlling shareholders have committed to indemnify any compensation exceeding RMB9.4 million, showcasing their commitment to protecting the company’s interests.
More about Rongta Technology (Xiamen) Group Co. Ltd. Class H
Rongta Technology (Xiamen) Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China. The company operates within the technology sector, focusing on the development, production, and sales of scale products. It is listed on the Stock Exchange of Hong Kong Limited.
Average Trading Volume: 1,226,536
See more data about 9881 stock on TipRanks’ Stock Analysis page.