1. Parties to the Legal Case: Plaintiff: Longxuan Educational Co., Ltd. Defendant: Our Company
2. Court Name or Administrative Authority: Taiwan Taipei District Court
3. Case Number of the Legal Document: Case No. 114-Heavy-Suit-605
4. Date of Incident: June 22, 2026 (115/06/22)
5. Background of the Incident (Including Subject of Litigation): Our legal representative has received a civil judgment from the Taiwan Taipei District Court. The judgment is as follows:
The defendant shall pay NT$7,000,000 (New Taiwan Dollars Seven Million) to Qunying Digital Technology Co., Ltd., together with interest calculated at an annual rate of 5% from October 10, 2019 (Republic Era 108) until the date of repayment, and such payment shall be received by the plaintiff on behalf.
The litigation costs shall be borne by the defendant.
The first part of this judgment may be provisionally enforced upon the plaintiff providing a security deposit of NT$2,340,000 for the defendant. However, the defendant may avoid provisional enforcement by pre-depositing NT$7,000,000 as security for the plaintiff.
6. Handling Process: We have engaged legal counsel to manage the related legal procedures.
7. Impact on Company's Financial and Business Operations and Estimated Impact Amount: The company’s current operations and financial condition remain normal and have not been affected.
8. Response Measures and Improvement Status: Future actions will be determined after consultation with legal counsel.
9. Other Matters to be Disclosed: None.
FACT BOX
- Source: PR Times
- Category: News
- Dates in source: 115/06/22