*ST Wingtech announced that in the sale of the company's major assets, with the exception of the Indian business asset package, the remaining underlying assets have completed registration of change of ownership and are not involved in arbitration lawsuits. There was an asset freeze situation after the delivery of the Indian business asset package. Some of them have been unfrozen, and the matter of unfreezing the remaining frozen assets is in progress; the two parties have a dispute over the execution of the agreement. Lixun Liantao has submitted it to the Singapore International Arbitration Center. The final arbitration hearing is scheduled to be held during the week of September 20, 2027. Currently, the procedure is progressing normally. The company has initiated legal action. The final ruling and liability are still uncertain, and the specific impact on the company's finances cannot be estimated at this time.

Zhitongcaijing · 2d ago
*ST Wingtech announced that in the sale of the company's major assets, with the exception of the Indian business asset package, the remaining underlying assets have completed registration of change of ownership and are not involved in arbitration lawsuits. There was an asset freeze situation after the delivery of the Indian business asset package. Some of them have been unfrozen, and the matter of unfreezing the remaining frozen assets is in progress; the two parties have a dispute over the execution of the agreement. Lixun Liantao has submitted it to the Singapore International Arbitration Center. The final arbitration hearing is scheduled to be held during the week of September 20, 2027. Currently, the procedure is progressing normally. The company has initiated legal action. The final ruling and liability are still uncertain, and the specific impact on the company's finances cannot be estimated at this time.