WenTai Technology: Arbitration proceedings for the India business asset package are still ongoing

2026-02-13 23:49:49

Wentai Technology Announcement: The company and Luxshare-LianTao have a dispute over the performance of the agreement regarding the India business asset package. The dispute has been submitted by Luxshare-LianTao to the Singapore International Arbitration Center. India Wentai has submitted a defense and counterclaim, and currently both parties are discussing the tribunal formation procedures. This arbitration only involves the India business asset package, and the company has initiated legal response procedures. Other asset targets have completed ownership transfer registration and are not involved in litigation or arbitration. This arbitration case involves complex cross-border legal issues, and the hearing process and final outcome are uncertain. Currently, it is not possible to accurately estimate the specific impact of this matter on the company’s finances.

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