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Qi He Environmental Protection (00976): Termination of legal proceedings

Zhitongcaijing·08/19/2026 13:57:04
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Zhitong Finance App News, Qi He Environmental Protection (00976) issued an announcement. The board of directors hereby informs the Company's shareholders and potential investors. Following the sale of the Scholz Group by the receiver on July 31, 2026, the Company and the receiver have held discussions to resolve the relevant dispute.

On August 19, 2026, the Company (as the plaintiff) filed a notice of termination of the lawsuit with the High Court of the Hong Kong Special Administrative Region, and served the relevant notice to all defendants who have appeared in court to respond to such lawsuits.

The Board considers that it is in the overall interest of the Company and its shareholders to discontinue these lawsuits. The Company will continue to consult its advisors on the actions to be taken in this transaction and ask the receiver for further details about the transaction. The Company will issue further announcements in due course in accordance with the listing rules.