Yonghui Superstores announced that it has received a civil ruling from the Shanghai First Intermediate People's Court. In the case where Dalian Yujin requested revocation of the arbitration award, the court ruled to reject the application, and the ruling is final. As of the disclosure date of the announcement, Dalian Yujin's application for non-enforcement of the arbitration award is still under review, involving an amount of 3.639 billion yuan in remaining share transfer payment and related expenses. Yonghui Superstores stated that the outcome of the case remains uncertain, and it is currently unable to determine the impact on the company's profit.
Yonghui Superstores Co LtdCourt rejected Dalian Yujin's bid to revoke the arbitration award, but the non-enforcement application involving 3.639 billion yuan is still under review and the profit impact is undetermined.
