Tang Palace (China) Holdings Faces Litigation Over Shenzhen Property, Hearing Set for December 2025

Reuters10-06
<a href="https://laohu8.com/S/01181">Tang Palace</a> (China) Holdings Faces Litigation Over Shenzhen Property, Hearing Set for December 2025

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.

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