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Radio and Television Network announced that on August 12, 2026, the company received a “Civil Mediation Letter” from the Beijing Haidian District People's Court to reach a settlement on the contract dispute with CGTV Satellite Co., Ltd. The company will pay a total of 70.1917 million yuan in installments between 2026 and 2028, accounting for 12.94% of the latest audited net assets. As of the announcement date, 5.7058 million yuan had been paid, and all frozen bank accounts had been unblocked.

Zhitongcaijing·08/12/2026 09:33:15
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Radio and Television Network announced that on August 12, 2026, the company received a “Civil Mediation Letter” from the Beijing Haidian District People's Court to reach a settlement on the contract dispute with CGTV Satellite Co., Ltd. The company will pay a total of 70.1917 million yuan in installments between 2026 and 2028, accounting for 12.94% of the latest audited net assets. As of the announcement date, 5.7058 million yuan had been paid, and all frozen bank accounts had been unblocked.