The 35 million dollars to chi straightener purchase land in the negotiations to the development zone has been declared Guangdong intermediate people's Court judgements CHI paid 35 million dollars. CHI says, because the other party has appealed against the verdict and the appeal, the decision up to now not yet in force, the company has been unable to determine if the case of profit in the current period or after a period of profit may affect. In prior years, the company under Chinese accounting standards on the CHI Company and specific third parties account for receivables bad debts.
In the current situation and the company sued chi flat irons Company series and specific third parties prior to the disposition of all cases and is completed, the company of CHI companies and specific third-party receivables may recover judgment there is no substantive difference in comparison with previously. Chongqing department store yesterday suddenly suspended matters today issued a notice of suspension. CHI Company is planning major matters of no precedent and policy advice in the relevant departments within five working days and demonstration.
Matters where the preliminary argument is passed, chi hair straightener Company's stock will continue to be suspended, and significant progress in matters of notice is published, but you will notice of resumption. This is the news got out, early speculation on the market lot of CHI group is committed to resolve the competition problems with the listed companies once again become the focus. As the company's actual control of the CHI group is in stock reform promised in the programmed: asset consolidation through such means in two years ' time to address its competition with the major shareholders of listed companies.
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