--- title: "SILVER GRANT received a civil complaint issued by the Intermediate People's Court of Guangzhou, Guangdong Province" type: "News" locale: "en" url: "https://longbridge.com/en/news/287786148.md" description: "SILVER GRANT announced that it has received a civil complaint from the Intermediate People's Court of Guangzhou, Guangdong Province, involving two claims. Claimants A and B both accuse Beijing Donghuan of failing to repay the loan according to the entrusted loan agreement, with the total claim amount including unpaid principal and interest, approximately RMB 2.15 billion" datetime: "2026-05-27T14:19:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287786148.md) - [en](https://longbridge.com/en/news/287786148.md) - [zh-HK](https://longbridge.com/zh-HK/news/287786148.md) --- # SILVER GRANT received a civil complaint issued by the Intermediate People's Court of Guangzhou, Guangdong Province According to the announcement from Silver Grant International (00171), the company's board of directors has stated that the company has received the following civil complaint issued by the Intermediate People's Court of Guangzhou, Guangdong Province: Claimant A has filed a civil complaint (Civil Complaint A) against (including) (1) Beijing Donghuan; (2) Winner Property; (3) Guangdong Zhuguang; (4) the company; and (5) Mr. Zhu (collectively referred to as Defendant A) for breaching the entrusted loan agreement A. Claimant A claims that since January 20, 2024, Beijing Donghuan has failed to repay the entrusted loan A in accordance with the terms of entrusted loan agreement A. Therefore, Claimant A asserts that Beijing Donghuan has violated entrusted loan agreement A, and thus Beijing Donghuan must immediately repay Claimant A the outstanding principal along with all accrued interest, default interest, etc., while Defendant A (excluding Beijing Donghuan) shall each bear corresponding guarantee responsibilities (Claim A). Claimant B has filed a civil complaint (Civil Complaint B) against (including) (1) Beijing Donghuan; (2) Winner Property; (3) Guangdong Zhuguang; (4) the company; and (5) Mr. Zhu (collectively referred to as Defendant B) for breaching the entrusted loan agreement B. Claimant B claims that since January 20, 2024, Beijing Donghuan has failed to repay the entrusted loan B in accordance with the terms of entrusted loan agreement B. Therefore, Claimant B asserts that Beijing Donghuan has violated entrusted loan agreement B, and thus Beijing Donghuan must immediately repay Claimant B the outstanding principal along with all accrued interest, default interest, etc., while Defendant B (excluding Beijing Donghuan) shall each bear corresponding guarantee responsibilities (Claim B, collectively referred to as the Claims along with Claim A). The amount claimed by Claimant A includes (i) outstanding principal of RMB 1.78 billion; (ii) unpaid interest due by November 28, 2025, of approximately RMB 323 million; (iii) overdue principal fees of approximately RMB 20.91 million; (iv) overdue interest fees of approximately RMB 56.157 million; (v) commission of approximately RMB 15.14 million and additional fees of approximately RMB 6.731 million; and (vi) default additional fees of approximately RMB 376 million, totaling approximately RMB 2.578 billion. The amount claimed by Claimant B includes (i) outstanding principal of RMB 100 million; (ii) unpaid interest due by November 28, 2025, of approximately RMB 18.047 million; (iii) overdue principal fees of approximately RMB 538,000; (iv) overdue interest fees of approximately RMB 3.373 million; (v) commission of approximately RMB 300,000; and (vi) default additional fees of approximately RMB 20 million, totaling approximately RMB 142 million. The final amount of these claims will depend on the court's final judgment. The company is currently negotiating a settlement plan with Claimant A and Claimant B, and once the settlement plan is agreed upon by all parties, the company will announce it at an appropriate time. The company will appoint legal advisors under the laws of the People's Republic of China to handle these claims as necessary ### Related Stocks - [00171.HK](https://longbridge.com/en/quote/00171.HK.md) ## Related News & Research - [16:47 ETScholarNet Urges Financial Aid Offices to Act Now as Default Risk Climbs](https://longbridge.com/en/news/290477657.md) - [Min Xin Revises Loan Terms and Affirms Controlling Shareholder’s Grip](https://longbridge.com/en/news/290810193.md) - [Blackstone $343M loan on Chicago office tower defaults - report](https://longbridge.com/en/news/290722620.md) - [FiscalNote extends forbearance on subordinated convertible debt defaults to July 21, 2026](https://longbridge.com/en/news/290740649.md) - [China Sandi Corrects 2025 Results, Flags RMB5.6 Billion in Defaulted Debt](https://longbridge.com/en/news/289755418.md)