Huasu Holdings has sued four defendants for colluding and maliciously suppressing prices, seeking 24.7 million yuan in compensation. On August 13, Huasu Holdings announced that the Shunqing District People's Court of Nanchong has accepted the company's tort liability dispute against Nanchong Glory Enterprise Management, Nanchong Boxing Trading, Sichuan Haocheng Enterprise Liquidation Firm, and Sichuan Yonghe Tonglida Asset Appraisal. The company believes the defendants colluded during the restructuring process to maliciously lower the transaction price of the debtor's physical assets, harming creditors' interests. It requests that the first three defendants jointly compensate 24.7 million yuan for lost creditor repayment benefits, that the fourth defendant bear joint liability within a range of 19.31 million yuan, and that they compensate for capital occupation losses. The case has not yet been heard, and the outcome remains uncertain.
Huasu Holdings Co LtdCompany sues defendants for collusion and price suppression, seeking compensation; legal dispute may affect financials.
