Yida China said its indirect subsidiary Yida Development entered a debt restructuring agreement with the Export-Import Bank of China Liaoning Branch covering RMB102.6 million at a 4% annual interest rate. The restructured loan matures on 20 November 2028 and is supported by mortgages over properties, pledges over certain sales proceeds and rental accounts, and joint and several liability guarantees from group entities. Yida Development failed to repay the most recent installment, leaving the loan overdue with an outstanding principal balance of RMB102.2 million.
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