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万丰奥威:子公司仲裁达成和解
Xin Lang Cai Jing· 2025-11-13 09:33
Core Viewpoint - The company Wan Feng Ao Wei announced that its subsidiary, Austria Diamond, has reached a settlement with Shandong Bin Ao regarding arbitration matters, terminating the licensing agreement for the DA40 model in China [1] Group 1 - Austria Diamond and Shandong Bin Ao have amicably resolved arbitration issues and signed the "International Arbitration Award Confirmation Letter" on November 12, 2025 [1] - The licensing agreement between Austria Diamond and Shandong Bin Ao has been terminated, allowing Austria Diamond to cease granting production and sales rights for the DA40 model in China [1] - Both parties confirmed that Austria Diamond has fulfilled all obligations required by the ICC arbitration award [1]