Sichuan Huati Lighting TechHuati Technology is the plaintiff in a lawsuit over a 250 million yuan repurchase payment dispute, which is 33.88% of net assets, posing financial risk.

Huati Technology has filed a lawsuit over a dispute concerning contractually agreed repurchase payments. The defendants are Chengdu Tianfu Greenway Construction Investment Group and Chengdu Xingcheng Investment Group. The amount involved is 250 million yuan, accounting for 33.88 percent of the company's most recent audited net assets. The company is demanding payment of the outstanding amount plus corresponding interest and liquidated damages. The case has been accepted but has not yet been heard. In the first quarter of 2026, Huati Technology achieved revenue of 144 million yuan and a net loss attributable to the parent company of 14.11 million yuan.
Sichuan Huati Lighting TechHuati Technology is the plaintiff in a lawsuit over a 250 million yuan repurchase payment dispute, which is 33.88% of net assets, posing financial risk.
Cendes Co Ltd Class AChengdu Xingcheng Investment Group is a defendant in the lawsuit, facing a claim for 250 million yuan plus interest and damages.
Chengdu Tianfu Greenway Construction Investment Group is a defendant in the lawsuit, facing a claim for 250 million yuan plus interest and damages.