Pak Tak International Ordered to Repay RMB279 Million After Loan Appeal Dismissed

Reuters12-11

Pak Tak International Ordered to Repay RMB279 Million After Loan Appeal Dismissed

Pak Tak International Limited announced that its indirect wholly-owned subsidiary, Shenzhen Jinsheng, has received a final judgment from the Guangdong Higher People's Court regarding litigation over loan agreements with the Shenzhen Branch of Hua Xia Bank. The court dismissed Shenzhen Jinsheng's appeal and upheld a previous ruling, ordering the subsidiary to repay the bank a principal amount of RMB279 million, along with loan interest of approximately RMB7.88 million, as well as default and compound interest related to the default. The company is in discussions with the bank to seek an amicable settlement, including potential repayment arrangements. Shareholders and potential investors are advised to exercise caution when dealing in the company's shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pak Tak International Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251211-11953106), on December 11, 2025, and is solely responsible for the information contained therein.

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