Huayi Technology: Huayi Technology has received the "Enforcement Order", with the amount involved being 3.029 billion yuan.

date
13/03/2026
Huaying Technology Announcement: Recently, the company received a "Enforcement Ruling" issued by the Intermediate People's Court of Fuzhou City, Fujian Province. The main contents are as follows: In the case of the contract dispute between the applicant for enforcement, Huaying Technology, and the respondents China YanGuang Share Co., Ltd., YanGuang Share Co., Ltd., and Datong Co., Ltd., the civil judgments made by the Fujian Higher People's Court and the Supreme People's Court have legal effect. The applicant for enforcement applied to the Fujian Higher People's Court for compulsory enforcement, with the execution target being a performance compensation of 3.029 billion yuan and interest, etc. It is ruled that China YanGuang Share Co., Ltd. as the respondent shall auction or sell the shares of Huaying Technology Co., Ltd. it holds within the scope of its obligations.