---
title: "Yida China says lenders including CITIC Dalian initiate legal proceedings over loan defaults"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291298617.md"
description: "Yida China Holdings announced that multiple lenders, including CITIC Dalian and Northern Trust, have initiated legal proceedings due to successive loan defaults. This development has intensified pressure on the company's liquidity. Yida China is currently seeking legal advice and continuing negotiations with creditors during the litigation process to pursue debt restructuring, extensions, or other resolution plans."
datetime: "2026-06-30T14:18:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291298617.md)
  - [en](https://longbridge.com/en/news/291298617.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291298617.md)
generator: "portal-rs"
---

# Yida China says lenders including CITIC Dalian initiate legal proceedings over loan defaults

-   Yida China said multiple lenders have initiated legal proceedings following successive loan defaults, adding pressure to its liquidity position. \* Proceedings involve China CITIC Dalian, Northern Trust, Great Wall AMC, SPD Dalian, Bohai Trust, Guangfa Dalian. \* It is seeking legal advice while continuing talks during the litigation to pursue debt restructuring, extensions, or other resolution plans. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Yida China Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260630-12224020), on June 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**