Harmony Auto (03836) announced that Henan Harmony Auto Holdings Co., Ltd., a wholly-owned subsidiary of the group, will start in 2024...
Zhitong Finance App News, Harmony Auto (03836) announced that Henan Harmony Auto Holdings Co., Ltd., a wholly-owned subsidiary of the group, requested assistance from the Zhengzhou Public Security Bureau of China on March 13, 2024, and then filed a lawsuit with the competent People's Court in Zhengzhou, China on March 18, 2024. In June 2020, Henan Harmony Auto Holdings appointed Shenzhen Fuxinglong Investment Co., Ltd. to provide enterprise management consulting and investment services. Since Fuxinglong only contributed to some of the matters agreed in the agreement, Henan Harmony Auto Holdings has the right to request a refund of the remaining prepaid expenses totaling RMB 85 million. The Group has repeatedly requested Fuxinglong to refund outstanding advance payments, but has yet to receive a satisfactory response.