NVC's appeal was dismissed was sentenced to pay 60 million yuan to the plaintiff

Yesterday (27) day, NVC China will appeal the verdict "a further announced that the company recently received the Chongqing Municipal Higher People's court rejected the NVC Chinese appeal and upheld the verdict of the court verdict. According to the relevant laws of China, the judgment of the higher people's Court of Chongqing municipality is the final judgment.

The incident involving the Wu Changjiang and Chinese claiming to represent a bank within the territory of China NVC Chongqing branch signed the guarantee agreement, the agreement for the guarantee provided by the Bank of China granted Chongqing loan guarantee standard lamp manufacturing a surface entered into, and the bank has previously called the guarantee agreement legal proceedings against NVC Chinese and certain other the defendant. Subsequently, legal proceedings in the Chongqing fifth intermediate people's Court on the bank's judgment, decree shall be paid to the NVC Chinese bank 60 million yuan plus interest and expenses and China standard jointly and severally liable, and then Chinese NVC verdict appealed to the Supreme People's Court of Chongqing.

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