ST Meike announced that the company's subsidiary Meike Digital Smart Home Manufacturing Co., Ltd. received a notice of response from the Ganzhou Nankang District People's Court. The plaintiff, the Nankang branch of China Construction Bank Co., Ltd., sued the financial loan dispute with a provisional amount of 249 million yuan. The company provided a guarantee for the defendant. The case has been filed and pending trial, and the impact on profits cannot yet be determined. Furthermore, the total amount involved in the company's first 4 financial loan contract disputes was 158 million yuan. Currently, 3 cases are in the execution stage, and 1 case has already been decided in the first instance. The company is currently in the pre-restructuring process, and the relevant creditors have declared their claims.
Zhitongcaijing · 1d ago
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ST Meike announced that the company's subsidiary Meike Digital Smart Home Manufacturing Co., Ltd. received a notice of response from the Ganzhou Nankang District People's Court. The plaintiff, the Nankang branch of China Construction Bank Co., Ltd., sued the financial loan dispute with a provisional amount of 249 million yuan. The company provided a guarantee for the defendant. The case has been filed and pending trial, and the impact on profits cannot yet be determined. Furthermore, the total amount involved in the company's first 4 financial loan contract disputes was 158 million yuan. Currently, 3 cases are in the execution stage, and 1 case has already been decided in the first instance. The company is currently in the pre-restructuring process, and the relevant creditors have declared their claims.
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