Guangbo Corporation: All series of disputes over advertising contracts between subsidiaries and Vipshop have been resolved
芊芊551
发表于 3 天前
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E-Company News: Guangbo Co., Ltd. (002103) announced on the evening of October 22 that it has recently received a notice from its wholly-owned subsidiary Lingyun Media that Lingyun Media received the final payment of RMB 13.303 million from Vipshop on October 21. As a result, Vipshop has fulfilled its payment obligations to Lingyun Media and its subsidiaries under the relevant civil judgment, and the series of advertising contract disputes between Lingyun Media and its subsidiaries and Vipshop have been fully settled. Vipshop has fulfilled its payment obligations as stated in the civil judgment, which is expected to have a positive impact on the company's profits for the year 2024. The specific amount of impact and accounting treatment will be subject to the annual audit confirmation by the auditing agency.
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