On November 29, Gelonghui reported that shenyang yuanda intellectual industry group (002689.SZ) announced that based on many years of good cooperation with the Yunnan Province Urban and Rural Construction Investment Co., Ltd. Zhaoyang District Shantytown Reconstruction Branch (hereinafter referred to as 'Yunnan Urban and Rural Investment Zhaopeng Branch') and the expectation of long-term cooperation, while considering the funding situation and financial pressure of Yunnan Urban and Rural Investment Zhaopeng Branch, in order to accelerate the collection of the company's accounts receivable, reduce the risk of bad debt loss from accounts receivable, and maintain its own financial stability, the company agreed to allow Yunnan Urban and Rural Investment Zhaopeng Branch to offset debt with property.
The company signed the 'Zhaoyang District Commercial Debt Offset Agreement' with Yunnan Urban and Rural Investment Zhaopeng Branch, in which the agreement stipulates that Yunnan Urban and Rural Investment Zhaopeng Branch transfers 11 properties under its name valued at 14.850756 million yuan to offset the outstanding equipment project payment owed to the company.
