New Universe affiliate ordered to pay HK$25 million dividends to each plaintiff

PUBT·04/13/2026 10:42:55

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New Universe Environmental Technologies (Jiang Su), an indirect non-wholly owned unit of New Universe Environmental Group, lost a PRC civil appeal over alleged unpaid dividends.
High Court judgments dated April 3, 2026 revoked earlier Zhenjiang Intermediate People’s Court rulings.
Rulings ordered payment of HK$ 25 million to each plaintiff within 10 days once judgments become effective.
Other claims by plaintiffs were dismissed.
Group is seeking legal advice; judgments not expected to affect normal operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Universe Environmental Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260413-12103815), on April 13, 2026, and is solely responsible for the information contained therein.

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