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Societe Generale Yinxi announced that the company's lawsuit against the share transfer agreement dispute with Tibet's Peng Xi has obtained the Yunnan Provincial People's Procuratorate's “Decision Not to Support the Application for Supervision”, which decided not to support Tibet's application for supervision. The lawsuit stemmed from the Kunming Intermediate Court's notice of response in October 2019, and was rejected by the Supreme People's Court after first instance, second instance, and retrial applications from the Supreme People's Court. The latest decision confirmed that the case did not meet the conditions for supervision, indicating that the case is nearing completion and will not affect the company's profits.

Zhitongcaijing·12/10/2025 08:57:04
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Societe Generale Yinxi announced that the company's lawsuit against the share transfer agreement dispute with Tibet's Peng Xi has obtained the Yunnan Provincial People's Procuratorate's “Decision Not to Support the Application for Supervision”, which decided not to support Tibet's application for supervision. The lawsuit stemmed from the Kunming Intermediate Court's notice of response in October 2019, and was rejected by the Supreme People's Court after first instance, second instance, and retrial applications from the Supreme People's Court. The latest decision confirmed that the case did not meet the conditions for supervision, indicating that the case is nearing completion and will not affect the company's profits.