lingnan eco&culture-tourism (002717.SZ): The current monetary funds cannot repay the "lingnan convertible bonds", and the "lingnan convertible bonds" were unable to make principal and interest payments on time.

Gelonghui Finance · Oct 31, 2024 06:56

On October 31, Lingnan Eco&Culture-Tourism (002717.SZ) announced the abnormal fluctuations in stock trading and the serious abnormal fluctuations. As of the date of this announcement, Zhongshan Talent Innovation and Entrepreneurship Ecological Park Service Co., Ltd. has completed the acquisition of part of the 'Lingnan Convertible Bonds' and its relevant rights matters. Investors are advised to refer to the relevant announcement disclosed by the company for specific details. As of the date of this announcement, the remaining amount of 'Lingnan Convertible Bonds' is 456.3663 million yuan. The company's existing monetary assets cannot pay off the 'Lingnan Convertible Bonds', and the 'Lingnan Convertible Bonds' have not been able to pay off the principal and interest on time. The company's overdue debt may affect the confidence of other creditors in the company, further weakening the company's financing capabilities, exacerbating the company's financial stress. Currently, the company is still making every effort to raise funds to repay the debt. If it cannot be resolved properly in the short term, the company may face further litigation, arbitration, frozen bank accounts, frozen assets, and other issues due to overdue debt, which will affect the company's production and operation, business development, increase the company's financial expenses, further worsen the company's financial pressure, and impact the company's performance for the current year.

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岭南股份(002717.SZ)：现有货币资金无法偿付“岭南转债”，“岭南转债”未能按期进行本息兑付

lingnan eco&culture-tourism (002717.SZ): The current monetary funds cannot repay the "lingnan convertible bonds", and the "lingnan convertible bonds" were unable to make principal and interest payments on time.

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