Konka Group Co LtdSubsidiary files arbitration over 96.44 million yuan dispute, seeking compensation and capital occupation fees, adding legal risk and potential financial loss.

Hong Kong Konka Limited, a wholly owned subsidiary of Konka Group, has filed a request for arbitration over an international goods sale contract dispute, seeking joint and several compensation for losses and capital occupation fees from three respondents: Anden Electronics Limited, Jinsheng Dilong Technology Limited, and Hong Kong Jinzhu Electronics Limited. The amount involved is 96.44 million yuan. The company disclosed the matter in an announcement on August 18. In the first quarter of 2026, Konka Group achieved revenue of 1.932 billion yuan, with a net loss attributable to the parent company of 184 million yuan.
Konka Group Co LtdSubsidiary files arbitration over 96.44 million yuan dispute, seeking compensation and capital occupation fees, adding legal risk and potential financial loss.