Tang Palace (China) Holdings Ltd. has announced that its wholly owned subsidiary, Shenzhen Well Excellent Tang Palace F&B Co., Ltd., and its Caide store branch are involved in litigation concerning a leased property in Shenzhen. The case was brought by Shenzhen Sen Wang Property Management Co., Ltd., which is claiming the return of the property and seeking RMB 12.7 million in alleged outstanding rent and other costs. The first hearing is scheduled for December 9, 2025. Tang Palace reports that the litigation currently has no material adverse impact on its business operations or financial position. The company is consulting with legal advisors and will provide updates on any significant developments.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tang Palace (China) Holdings Ltd. published the original content used to generate this news brief on October 06, 2025, and is solely responsible for the information contained therein.
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