Hongbo Group (002229.SZ) subsidiary filed for a major arbitration case involving an amount of 2.432 billion yuan.

Cnstock Finance app news, Hongbo Shares (002229.SZ) announced that recently, the company's wholly-owned subsidiary Beijing Yingbo Digital Technology Co., Ltd. ("Yingbo Digital") received a "Arbitration Notice" from the China International Economic and Trade Arbitration Commission. Yingbo Digital has filed an arbitration application with the China International Economic and Trade Arbitration Commission for a contract dispute with Beijing Qianwu Technology Co., Ltd. ("Qianwu Technology"), and the China International Economic and Trade Arbitration Commission has accepted the case. The relevant information is as follows: