Greenland Holdings: New overdue debts exceed 2.071 billion yuan in July and August, with 1,275 new lawsuits.

date
14/08/2026
Greenland Holdings announced that from July 14 to August 12, 2026, the company and its holding subsidiaries incurred an additional overdue debt of 2.071 billion yuan, with 888 million yuan of the overdue debt involved in litigation, bringing the total overdue debt to 30.942 billion yuan. From July 26 to August 12, 1,275 new lawsuits were filed, with an amount in dispute of 3.902 billion yuan; 1,213 cases have been concluded, with a settlement amount of 1.591 billion yuan. The company stated that the industry it operates in is still undergoing adjustments and will coordinate the resolution of lawsuits with debt reduction. However, there is uncertainty regarding future lawsuits and debts, and the impact of some cases on future profits is also uncertain. Relevant information will be disclosed in a timely manner.