ST Routong: After winning the first instance of a major lawsuit, it faced an appeal from the plaintiff.
ST Routen announced that the company was previously involved in a lawsuit regarding the cancellation of a resolution related to Starhan Innovation (Shenzhen) Enterprise Management Company. The first instance judgment dismissed the plaintiff's litigation request. The company has now received the plaintiff's "Civil Appeal," requesting the annulment of the first instance judgment and a re-adjudication in support of all claims, along with the burden of litigation fees for both the first and second trials. Currently, the case number and hearing date for the second instance have not been determined, and the impact of the litigation on the company's profits remains uncertain, with the final outcome pending the court's judgment.
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