---
title: "Shanghai Guijiu: Involved in a first-instance judgment of a financial loan case amounting to 50.2968 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/252482957.md"
description: "Shanghai Guijiu Co., Ltd. was ordered to pay a loan of 50 million yuan and interest in a financial loan contract dispute, involving an amount of 50.2968 million yuan. The judgment requires Defendant One to bear primary responsibility, Defendant Two to bear joint liability, and the plaintiff to have priority in the proceeds from the auction of the mortgaged real estate. The case acceptance fee is to be borne by the two defendants, and the execution ruling continues to seal part of the base liquor for two years. The company confirms the loan principal and accrues interest, but the risk of real estate auction makes it difficult to estimate the impact on profits at this time"
datetime: "2025-08-11T11:28:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/252482957.md)
  - [en](https://longbridge.com/en/news/252482957.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/252482957.md)
---

# Shanghai Guijiu: Involved in a first-instance judgment of a financial loan case amounting to 50.2968 million

Shanghai Guijiu Co., Ltd. announced the progress of a lawsuit. The company is the defendant in a financial loan contract dispute case against Guizhou Bank Renhuai Branch and Guizhou Gaojiu Industry, with an amount involved of 50.2968 million yuan. Recently, the company received the first-instance "Civil Judgment" and "Execution Ruling." The judgment requires Defendant One to pay the plaintiff 50 million yuan in loans and corresponding interest, while Defendant Two bears joint liability. The plaintiff has priority rights to the proceeds from the auction or sale of the mortgaged real estate of Defendant One, and the case acceptance fees will be borne by both defendants. The execution ruling continues to seal part of the base liquor of the executed party for two years. The company has confirmed the loan principal and accrued interest, and there is a risk of the real estate being auctioned or sold, making it temporarily impossible to estimate the impact on profits

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