Hangcha Group disclosed the lawsuit situation involving the original shareholders of the company that won the bid to acquire the assets of its holding subsidiary.
In 2025, Hangcha Group's subsidiary Hangcha Guozi acquired 99.23% of the shares of Guozi Robot, a related party, through capital increase and stock expansion. After the transaction was completed, Hangcha Group remained the controlling shareholder of Hangcha Guozi, and the industrial and commercial registration has been completed. On January 17, 2025, Chuarui Investment sued the original shareholders of Guozi Robot, including Juxing Technology, for "damaging shareholder interests liability disputes". The court hearing took place on June 16, and a judgment has not been made yet. Chuarui Investment demands the defendants to return the shares and assume compensation responsibility. The defendants argued that Chuarui Investment has no right to demand the return of the shares, as the previous share transfer was legal and effective. Hangcha Group and Hangcha Guozi are not involved in the case and their daily operations are not affected. The company's actual controller has made compensation commitments for possible losses, and the progress of the case will be disclosed in accordance with regulations.
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