FilingReader Intelligence
Mason Technologies sues for 158m yuan over failed pledge
August 12, 2025 at 01:02 PM UTC•By FilingReader AI
Shenzhen Mason Technologies filed a civil lawsuit seeking 158 million yuan from six defendants including Tang Wei and Xinjiang Tiantianxiang Equity Investment Partnership for breaching a 2019 performance pledge agreement.
The defendants delivered only 7.2% of promised net profit, creating a substantial shortfall that triggered the compensation claim.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
SZSE:002654•Shenzhen Stock Exchange
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