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…

