5 unchanged sentences
than the following:
−Removed: In February 17, 2022, FT Global Capital, Inc.
+Added: On February 17, 2022, FT Global Capital, Inc.
(“FTG”), filed a lawsuit against the Company in the Commercial Division of New York Supreme Court (the “Court”).
16 unchanged sentences
and the legal representative of Tengsheng Paper, at the Lianchi District People’s Court of Baoding City, China (the “PRC Court”).
−Removed: From December 2023 through 2024, the plaintiff sought property preservation measures, requesting the PRC Court to freeze totaling RMB6.70
−Removed: million worth of bank deposits held by Jie Ping and Tengsheng Paper.
−Removed: Following this request, on the same day, the PRC Court issued a ruling
−Removed: to immediately freeze the RMB3.35 million worth of bank deposits of Jie Ping and Tengsheng Paper.
−Removed: On June 14, 2024, the PRC Court ordered
−Removed: the defendants to repay the principal of the loan in the amount of RMB3,320,000 to the plaintiff, and Tengsheng Paper was jointly liable
−Removed: for repayment.
+Added: In December 2023, the plaintiff sought property preservation measures, requesting the PRC Court to freeze totaling RMB3.35 million worth
+Added: of bank deposits held by Jie Ping and Tengsheng Paper, which was granted by the PRC Court.
+Added: On June 14, 2024, the PRC Court ordered the
+Added: defendants to repay the principal of the loan in the amount of RMB3,320,000 to the plaintiff, and Tengsheng Paper was jointly liable for
+Added: As of September 30, 2025, a total of RMB6.70 million worth of bank deposits of Jie Ping and Tengsheng Paper was freezed.
+Added: On April 29, 2025, due to a labor dispute,
+Added: Tengsheng Paper was designated as a dishonest judgment debtor by the PRC Court, with the case involving an amount of RMB
+Added: On July 4, 2025, Tengsheng Paper was listed
+Added: as person subject to enforcement by the PRC Court in connection with a sales contract dispute, with the case involving
+Added: an amount of RMB149,325.
The ultimate resolution of the proceedings may
1 unchanged sentence
Failure to settle the proceedings
−Removed: or other unfavorable outcomes in this proceedings could result in significant damages, additional penalties or other remedies imposed
+Added: or other unfavorable outcomes in these proceedings could result in significant damages, additional penalties or other remedies imposed
against the Company.
11 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.