after mengbaihe was ordered by a u.s. court to pay hundreds of millions of dollars, the case was remanded for retrial.
due to a foreign-related equity dispute, mengbaihe, a leading software and home furnishing company, was ordered to pay us$24.7056 million to overseas distributors. this fee has since been adjusted and reduced to us$17.2741 million (approximately rmb 123 million yuan). on november 24, menglily issued an announcement on the progress of the lawsuit, which showed that menglily, healthcare group (hong kong) co., ltd (hereinafter referred to as…
