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UNITEDENERGY GP (00467) proposes to acquire the equity of Orient Group Incorporation in Peking Investment Holdings.
UNITEDENERGY GP (00467) announced that on February 14, 2025, SSIHL (the company's wholly-owned...
Orient Group Incorporation (600811.SH): Unable to repay the raised funds on time.
On February 13, Gelonghui reported that Orient Group Incorporation (600811.SH) announced it will temporarily use 628.98 million yuan of idle raised funds to supplement working capital, which will expire on March 5, 2025. Due to tight working capital, the company expects that it will be unable to repay the temporarily supplemented 628.98 million yuan of raised funds to the dedicated Account on time.
Orient Group Faces 17.37 Billion Yuan in Overdue Debt; Faces CSRC Inquiry
Orient Group Incorporation (600811.SH): The company and its subsidiaries have a total outstanding principal balance of bank loans that have matured amounting to 4.602 billion yuan.
On February 11, Gelonghui reported that Orient Group Incorporation (600811.SH) announced that as of now, the total outstanding principal balance of newly due and unpaid bank loans for the company and its subsidiaries amounts to 1.737 billion yuan, accounting for 10.41% of the latest audited net assets attributable to the shareholders of the listed company. Among this, the total principal balance of loans required to be repaid early by creditors is 0.077 billion yuan. As of now, the cumulative outstanding principal balance of overdue bank loans for the company and its subsidiaries is 4.602 billion yuan. The company has provided joint liability guarantee for the related loans of its subsidiaries, and the relevant guarantees are overdue.
Is Orient Group Incorporation (SHSE:600811) A Risky Investment?
CHINA ORIENTAL (00581): Qingdao Huijintong Power Equipment expects an annual net income of approximately 0.137 billion yuan to 0.16 billion yuan, an increase of about 423% to 511% year-on-year.
CHINA ORIENTAL (00581) announced that for the year ending December 31, 2024, Qingdao Huijintong Power Equipment is expected to...