Mlily: U.S. East Coast factory receives $14.99 million in inventory insurance claim payout

Menglibai announced that a fire accident occurred at the company's US East factory in Winnsboro, South Carolina, on the night of August 16, 2026, US time. The US East factory had previously insured property insurance and inventory insurance, with a combined indemnity limit of US$45 million, of which the property insurance indemnity limit was US$30 million and the inventory insurance indemnity limit was US$15 million. As of now, the company has received US$14.99 million in inventory insurance claim payment from BMS Group. On-site inspection and loss assessment and adjustment are still ongoing, and the final property insurance payout amount and payment date cannot yet be determined. The net loss from the fire accident after deducting all insurance claim payments has not yet been determined.