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YMT says plaintiff withdraws CNY 74.85 million lawsuit in China; no objection planned

PUBT·09/30/2026 10:37:29
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YMT says plaintiff withdraws CNY 74.85 million lawsuit in China; no objection planned
  • YMT corrected its lawsuit disclosure after plaintiffs filed a withdrawal notice in China’s Shenzhen Intermediate People’s Court.
  • The case sought KRW 15.35 billion over a share-transfer buyback dispute, with claims for joint liability against YMT and Titan.
  • The withdrawal was received on Sept. 30; YMT does not plan to oppose the dismissal.


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. YMT Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20260930901261), on September 30, 2026, and is solely responsible for the information contained therein.