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Shandong Huapeng Glass (603021.SH): Received a notice for the arbitration hearing.
On March 27, 2023, Gelonghui reported that Shandong Huapeng Glass (603021.SH) announced that as the applicant one, in conjunction with Shandong Haike Holdings Co., Ltd. as applicant two, an arbitration application has been submitted to the China International Economic and Trade Arbitration Commission (hereinafter referred to as "CIETAC") regarding the dispute with the respondent, Shandong Development Investment Holding Group Co., Ltd. On January 16, 2025, the company received a notice of arbitration for case DC20250058 from CIETAC, confirming that the case has been accepted. On March 26, 2025, the company received a notice of hearing for case DC20250058 from CIETAC.
Shandong Huapeng 2024 annual results forecast
January 3rd A-share investment lightning rod︱Hangzhou Gaoxin: Termination of acquisition of 51% shares of Sun High-tech held by Hangzhou Ruixin; Shandong Huapeng: Cumulative debt overdue of approximately 0.786 billion yuan.
Jiangsu Lihua Animal Husbandry: Shareholder Tianming Agriculture has cumulatively reduced its shareholding by 1.06%.
Shandong Huapeng (603021.SH): Wholly-owned subsidiary plans to distribute profits of 70 million yuan.
On January 2, Gelonghui reported that Shandong Huapeng (603021.SH) announced that its wholly-owned subsidiary Huapeng Glass (Heze) Co., Ltd. (hereinafter referred to as "Heze Huapeng") intends to distribute profits to continuously and stably return to Shareholders in conjunction with the actual Operation situation. The specific distribution plan is as follows: As of October 31, 2024, the available distributable profit of Heze Huapeng is 97,465,705.60 yuan, and Heze Huapeng has decided to distribute profits of 70,000,000.00 yuan to Shareholders in Cash. Heze Huapeng is a wholly-owned subsidiary included in the consolidated financial statements of the company, and this profit distribution will increase.
Shandong Huapeng Glass (603021.SH): Cumulative overdue debt of approximately 0.786 billion yuan.
Glory Information, January 2nd丨Shandong Huapeng Glass (603021.SH) announced that the company and its subsidiary Shandong Huapeng Shidao Glass Products Co., Ltd. (referred to as "Shidao Glass") are facing significant cash flow pressure and are unable to repay maturing debts, resulting in the company and its subsidiary failing to fulfill part of their debt repayment obligations on time. As of December 31, 2024, the total amount of overdue debts for Shandong Huapeng and Shidao Glass from affiliated companies is approximately 785.6205 million yuan.
Shandong Huapeng Glass Elects Chair
Risks Still Elevated At These Prices As Shandong Huapeng Glass Co.,Ltd. (SHSE:603021) Shares Dive 30%
