Hongkai Holdings filed a lawsuit against Dongguan Hengli Foreign Industrial Development Corporation

Recently, Hongkai Optoelectronics Holdings Co., Ltd. (hereinafter referred to as Hongkai Holdings) filed a lawsuit against Dongguan Hengli Town Foreign Industrial Development Corporation (hereinafter referred to as Hengli Foreign Development Company).

According to the contract, Hongkai Holdings agreed to set up an LED company (Longchen Photoelectric Abbreviation) in Tiankeng High-tech Industrial Park, Hengli Town, Dongguan City on May 27, 2010. Hengli Foreign Development Company should deliver by May 31, 2011. To lease a property and to ensure that the leased property has legal title, right to use or lease, any third party may not claim rights during the lease period and may not overdue the leased property for more than six months.

Due to the violation of the relevant provisions of this contract, Hongkai Holdings has the right to terminate the “factory leasing contract” according to the contract content and investigate the corresponding breach of contract liability of Hengli Foreign Development Company. Therefore, Hongkai Holdings has given the Dongguan intermediate people according to law. The court made a request to determine that Hengli Foreign Development Company immediately returned Hongkai Holdings' prepayments of RMB 6,880,000 and double deposits, interest and six-month rental liquidated damages, etc., to RMB 10,538,261.86, and the above total compensation of RMB 17,418,261.86 to the defendant to ensure the company. Interests.

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