Huixun Group (02127) 274 million yuan loan litigation will be settled in court on May 21. Resumption of trading on May 20.

date
19/05/2025
Wisdom Financial News APP, Huisen Shares (02127) announced that on November 22, 2023, the company borrowed 279 million yuan from Ganzhou Bank, with the company's plant and some equipment as collateral. The loan will mature on November 22, 2024, with 5 million yuan already repaid and the remaining 274 million yuan unpaid. On January 22, 2025, Ganzhou Bank filed a civil lawsuit against the company with Ganzhou Intermediate People's Court, involving the company's failure to repay the total amount of 274 million yuan of Ganzhou Bank loan.