Yuetai shares (Shanghai Stock Code: Hla Group Corp.Ltd(600398) ) publicado el 20 de junio. The announcement Said Yanbian Rural Commercial Bank Co., Ltd. Has filed a Lawsuit to the Beijing Financial Court for Financial Borrowing contract disputes and requested the order to repay the financial capital amount of 400 million Yuan to Yanbian Rural Commercial Bank Co., Ltd. And the interest of 127 million Yuan as of December 21, 2021, and the corresponding penalty interest and default penalty.
Además, Yanbian Rural Commercial Bank Co., Ltd. También demandó a yuetai Holding Company Beijing Donghua hongwan Real Estate Development Co., Ltd. Que asumiera la responsabilidad de la garantía hipotecaria.
Yuetai shares said that there is not a court Hearing, there is Uncertainty on the result of the Litigation, and it can not determine the impact on the current period of profits or post – period profits of the company.
It is reported that in April 2018, the outside of the case huaxin International Trust Co., Ltd. (hereinafter referred to as “huaxin Trust”) and Yanbian Farmers signed the “Fund Trust contract”, Contract Agreement, Yanbian Farmers will be 400 million Yuan entrusted to huaxin Trust Company, in the name of huaxin Trust Company to issue loans to the company and manage trust property, and Beijing Donghua hongwan Real Estate Development Co., Ltd. Signed Mortgage Contract. Huaxin Trust Company and the company signed the trust Loan contract, Yanbian Farmers according to the contract agreed to pay 400 million trust funds to huaxin Trust Company in April 2018, huaxin Trust Company to the company to fulfil the obligation of Lending 400 million Yuan Loan. In September 2020, Yanbian Farmers and huaxin Trust Enterprises signed claim Transfer Agreement, Agreement agreed to return the above – mentioned trust property to Yanbian farmers in the Original Form of claim Transfer. Yanbian Farmers filed a Lawsuit to the Beijing Financial Court because the company failed to repay the principal and interest in accordance with the contract.
