February 26, 2018 / 9:07 AM / 6 months ago

BRIEF-Xinjiang Youhao Group receives judgment regarding contract dispute lawsuit

Feb 26(Reuters) - Xinjiang Youhao Group Co Ltd

* Says co received judgment regarding a contract dispute lawsuit filed by Xinjiang-based real estate development firm against the co and co filed a counterclaim

* According to the judgment, co was ordered to pay rent of 14 million yuan and liquidated damages of 905,100 yuan to the real estate development firm and to bear lawsuit and counterclaim related fees of 313,600 yuan in total

* Says court rejected co’s claims in counterclaim

* Says co will file an appeal

Source text in Chinese: goo.gl/Lmt4ir

Further company coverage: (Beijing Headline News)

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