300 million borrowings expired in advance Chengdu Road Bridge: A part of the repayment, 215 million yuan of loan principal overdue

After handling a "ugly" interim report trailer a few days ago, on the evening of July 19, Chengdu Road and Bridge (SZ002628, a stock price of 4.07 yuan, and a market value of 3.088 billion yuan) disclosed that the company's loan of 215 million yuan was overdue.

As for the process of loan overdue, Chengdu Road and Bridge announced this:

In November 2020, Chengdu Road and Bridge applied for the Sichuan Jinding Property & Equity Equity Investment Fund Management Co., Ltd. (hereinafter referred to as Sichuan Jinding), a subsidiary of Sichuan Development, and commissioned Suining Bank Chengdu Branch to issue entrusted loans to the company. On September 16, 2022, the main use of the loan was to supplement liquidity.

Today, Chengdu Road and Bridge received a notice of the loan of Sichuan Jinding's loan in advance. Sichuan Jinding is on the grounds that the loan guarantor and the company's legal representatives are involved in the execution information and have a large amount. The above 300 million yuan loan expired in early July this year.

After being required to repay the loan in advance, as of the 19th, Chengdu Road and Bridge has returned 85 million yuan in principal of the loan, but some loans have not yet been on. The proportion of assets is about 7.23%.

In this regard, Chengdu Road and Bridge stated that it will actively negotiate with Sichuan Jinding, and strive to reach an agreement on the repayment plan as soon as possible. At the same time, through accelerating the recovery of recovery of accounts receivable, the debt repayment funds are made to properly handle the overdue of the above loans.

However, Chengdu Road Bridge also admits that the company may face the situation of paying related liquidated damages and penalties, which has led to an increase in the company's financial costs, which ones will have a certain impact on the company's current profit or post -period profit. In addition, the company may face risks such as litigation, arbitration, bank accounts frozen, and seizure of assets due to the overdue of the above debt.

Qixinbao shows that Sichuan Jinding is a company of Sichuan Development, and Sichuan Jinding's "loan" is not unreasonable. Judging from the reasons given by Sichuan Jinding, "the legal representative of Chengdu Road and Bridge involved in the execution information and the amount is large", it is indeed a fact. The legal representative of Chengdu Road and Bridge is Xiang Rong, and he is also the chairman and general manager of the company. Qixinbao showed that Xiang Rong's current amount exceeded 1.4 billion yuan.

On the 19th, Chengdu Road Bridge also disclosed an announcement that the company received a notification letter from the controlling shareholder Sichuan Hongyi Jiahua Industrial Co., Ltd. (hereinafter referred to as Hongyi Jiahua) on the same day to inform the applicant Sichuan Hongyi Development Group Co., Ltd. (hereinafter For short, Hongyi Development) Applying from the Jinjiang District People's Court of Chengdu to apply for bankruptcy reorganization and revocation of the above applications on Hongyi Jiahua.

The development of Hongyi on July 13 Taking Hongyi Jiahua's unable to pay off the debt due and its assets were not enough to settle its all debt, and applied to the People's Court of Jinjiang District, Chengdu No. 0104 Breaking Shen No. 12), but the court has not officially accepted it.

Subsequently, Hongyi Jiahua actively negotiated with the development of debt repayment with Hongyi, and reached an agreement with the development of debt repayment with Hongyi on July 17th. Reorganize application. After confirming the development of Hongyi Jiahua and Hongyi, Hongyi Development has submitted relevant materials to the relevant court today to revoke the application of Hongyi Jiahua's bankruptcy and reorganization application. Hongyi Jiahua does not have to worry about being applied for bankruptcy and reorganization for the time being.

Daily Economic News

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