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The brand new instances have been read on the Hangzhou Advanced Anyone’s Court and also the Zhejiang High Somebody’s Judge, having a maximum of 15 judge lessons. The proceedings inside more than ten,one hundred thousand profiles away from research and included tips for example technology quantity evaluation and you can systems top quality evaluation you to definitely lasted to possess 1 . 5 years. Immediately after unsuccessful transactions, Tianlong’s investors initiated a lawsuit and you will an enthusiastic arbitration up against Kehua, requiring an installment out of RMB10.5 billion on the equity transfer.
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