South Gobi (01878.HK): Class action lawsuit has reached a preliminary settlement in principle with the Ontario Superior Court.

The ZhixTong Financial News app reported that Nan Gebei (01878.HK) announced that the company has reached a principle settlement for the class action lawsuit regarding the restatement of certain financial statements disclosed in prior public documents, with the Ontario Superior Court of Justice. However, final implementation of the settlement agreement, serving the settlement notice to the original members of the class action lawsuit, and court approval are still required before it can be finalized.