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Kangqiao Service says China Supreme Court retrial bid in subsidiary litigation remains pending

PUBT·08/10/2026 12:23:53
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Kangqiao Service says China Supreme Court retrial bid in subsidiary litigation remains pending
  • Kangqiao Service Group’s PRC Supreme People’s Court retrial application tied to the Second Civil Judgment remained pending as of Aug. 10, 2026.
  • The unresolved case continued to underpin the auditor’s disclaimer of opinion on the group’s 2025 financial statements over going-concern uncertainty.
  • The company still could not quantify any reimbursement or indemnity it may seek from Song Xiangxi for losses linked to the judgment.
  • Management maintained its prior stance on the matter, while monitoring the retrial process and cash flow.


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. Kangqiao Service Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260810-12279112), on August 10, 2026, and is solely responsible for the information contained therein.