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An update from Yida China Holdings Ltd. ( (HK:3639) ) is now available.
Yida China Holdings Limited has disclosed that two of its subsidiaries, Rongtai Company and Zhengzhou Yida, have been sued by Northern Trust in the Secondary Intermediate People’s Court of Tianjin after failing to repay a loan principal and interest. Northern Trust is seeking repayment of about RMB482 million in principal plus accrued and penalty interest and liquidated damages, bringing the total claim to roughly RMB612 million as of 21 September 2025, and is asserting priority over proceeds from any auction or sale of collateral provided by four mortgagor entities within the group. The company is seeking legal advice and negotiating a settlement on the outstanding loan, while warning shareholders and investors to be mindful of related risks, underscoring ongoing liquidity and legal pressures that could affect its financial position and collateralised assets.
The most recent analyst rating on (HK:3639) stock is a Hold with a HK$0.05 price target. To see the full list of analyst forecasts on Yida China Holdings Ltd. stock, see the HK:3639 Stock Forecast page.
More about Yida China Holdings Ltd.
Yida China Holdings Limited is a Cayman Islands-incorporated company listed in Hong Kong, operating through subsidiaries in mainland China. Its business includes property-related operations, with group entities such as Zhengzhou Yida and Dalian Software Park Rongyuan Development Co., Ltd., reflecting a focus on development projects and associated financing activities within the Chinese market.
YTD Price Performance: -46.39%
Average Trading Volume: 1,037,490
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$134.4M
For a thorough assessment of 3639 stock, go to TipRanks’ Stock Analysis page.