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Yuancheng Environment's Overdue Debt Reaches 169 Million Yuan
ST Yuancheng (603388.SH): Some of the company's debts are overdue, as well as guaranteed debts.
On December 19, Gelonghui reported that ST Yuancheng (603388.SH) announced that due to tight liquidity conditions, the company and its subsidiaries have encountered situations where some debts could not be repaid on time. As of now, the company has learned that the total overdue principal debt of the company and its subsidiaries in Financial Institutions amounts to 168.7314 million yuan, which accounts for 14.40% of the company's most recently audited net Assets. The company has provided joint liability guarantees for the overdue debts of its subsidiary Hangzhou Yuancheng Planning and Design Group Co., Ltd.
ST Yuancheng (603388.SH) failed to repay the raised funds on time.
Special treat Yuan Cheng (603388.SH) released an announcement that the company is temporarily supplementing working capital with idle funds...
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