Jinshi data, January 20th, according to Enterprise Early Warning, Huaxia Happiness Basic Industry Holdings Co., Ltd. and its subsidiaries are actively promoting the debt restructuring plan. By the end of 2024, the amount of financial debt of approximately 219.2 billion yuan has been restructured through signing and other means, amounting to approximately 192.273 billion yuan. At the same time, the newly added amount of debt that cannot be repaid on time is 363 million yuan, and the total amount of debt that cannot be repaid on time is 26.862 billion yuan. In addition, the total amount involved in recent new litigation and arbitration cases is 2.104 billion yuan.
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Huaxia Holdings: Progress of debt restructuring, failure to repay new debts as scheduled, and recent addition of litigation and arbitration matters
Jinshi data, January 20th, according to Enterprise Early Warning, Huaxia Happiness Basic Industry Holdings Co., Ltd. and its subsidiaries are actively promoting the debt restructuring plan. By the end of 2024, the amount of financial debt of approximately 219.2 billion yuan has been restructured through signing and other means, amounting to approximately 192.273 billion yuan. At the same time, the newly added amount of debt that cannot be repaid on time is 363 million yuan, and the total amount of debt that cannot be repaid on time is 26.862 billion yuan. In addition, the total amount involved in recent new litigation and arbitration cases is 2.104 billion yuan.