Defendant in contract payment disputes

Hong Kong IPO disclosure precedents · 1 companies, 1 items

Company or its subsidiary as defendant in contractual payment claims (e.g. construction contract or software licence fees), including cases involving frozen funds resolved through appeal, remand, mediation or dismissal.

Compliance matters are read from filings since 24 August 2026.

2026-10-05PHIPNon-compliance
Guangzhou Tinci Materials Technology Co., Ltd.广州天赐高新材料股份有限公司

Certain subsidiaries of the Group were involved as defendants in, with RMB10.0 million as a threshold, four construction contract disputes arising in the ordinary course of business, relating to project settlement and payment obligations, with a total claimed amount of approximately RMB207.8 million.

Business · p. 206

As of the Latest Practicable Date, all four cases remain pending final judgment.

Business · p. 206
The company's explanation, the adviser's view and the page in the filing: see Matters

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