YIDA CHINA's subsidiary sued, seeking to recover over 600 million RMB

AASTOCKS
2025.12.22 14:21

YIDA CHINA (03639.HK) announced that its subsidiary recently received a civil complaint delivered by the Tianjin Second Intermediate People's Court. The plaintiff, Northern Trust, requests a ruling for the company's subsidiary Rongtai and Zhengzhou Yida to repay a loan principal of approximately RMB 482 million along with accrued interest, penalties, etc., totaling approximately RMB 612 million as of September 21. The company is currently seeking legal advice and actively negotiating repayment arrangements