Newlink Technology Inc. (HK:9600) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Newlink Technology Inc. has entered a Compensation Agreement involving its subsidiary, Neusoft Yuetong, Neusoft Venture Capital, and Mr. Tian, due to a dispute over a Technology Service Contract. Mr. Tian and Neusoft Venture Capital will compensate Neusoft Yuetong with RMB4,634,067.94 to cover potential losses. This transaction is considered a connected transaction under the Hong Kong Listing Rules.
For further insights into HK:9600 stock, check out TipRanks’ Stock Analysis page.