Yida China Holdings Limited has announced that certain subsidiaries, Dalian Shenghe and Dalian Rongda, have failed to repay loans as stipulated under a Debt Restructuring Agreement, resulting in an overdue principal balance of RMB294 million. The company is actively negotiating with creditors to extend the debt restructuring agreement, but no new agreement has been reached as of the latest update. The board is currently assessing the financial impact of this default and has advised shareholders and investors to exercise caution. Further announcements will be made as appropriate.
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. Yida China Holdings 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-20251231-11973452), on December 31, 2025, and is solely responsible for the information contained therein.
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