Tang Palace China (01181) has issued an announcement regarding litigation involving its wholly-owned subsidiary, Shenzhen Weihua Shishang Tanggong Catering Co., Ltd., and its branch, Shenzhen Weihua Shishang Tanggong Catering Co., Ltd. Caide Store, as defendants. The board of directors is pleased to announce that the company recently received a copy of the civil ruling issued by the Shenzhen Futian District People's Court on January 19, 2026. According to this ruling, the Futian Court has dismissed the claims brought by the plaintiff, Shenzhen Senwang Property Management Co., Ltd. The ruling will become effective after the expiration of the appeal period. The company will continue to closely monitor and assess any further developments in these legal proceedings and will provide further updates to investors at the appropriate time. The company will also continue to take all appropriate actions to ensure the enforcement of this ruling.
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