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Huisen Household International Group Limited ( (HK:2127) ) has provided an announcement.
Huisen Household International Group Limited announced a legal update concerning a civil lawsuit filed by Ganzhou Bank for an unpaid loan of RMB 274 million. The court initially rejected the lawsuit due to insufficient evidence, but Ganzhou Bank later submitted additional materials. The company proposed a repayment extension plan, which the bank rejected, and the court has yet to make a final judgment. The outcome of this case could significantly impact the company’s financial obligations and stakeholder interests.
More about Huisen Household International Group Limited
Average Trading Volume: 12,570,313
Technical Sentiment Signal: Sell
Current Market Cap: HK$81.02M
See more insights into 2127 stock on TipRanks’ Stock Analysis page.