North Mining Shares Co., Ltd. (HK:0433) has released an update.
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North Mining Shares Co., Ltd. is currently embroiled in a legal dispute after a civil complaint was filed by Shanghai Dingku Asset Management Company Limited. The litigation involves a significant debt claim of RMB 637 million against its subsidiary, Anhui Tongxin New Material Technology Company Limited, in China. Despite the ongoing proceedings, the company maintains that its operations and financial stability remain unaffected.
For further insights into HK:0433 stock, check out TipRanks’ Stock Analysis page.