SJA: Has fully recovered the debt repayment of 138 million yuan from Brilliance Group
SJA announced that it has fully recovered the debt repayment of 138 million yuan from Brilliance Group. The confirmed amount of the debt claimed by the company and its subsidiaries from Brilliance Group is 678 million yuan, opting for cash repayment. In the fiscal year 2025, the company has cumulatively recovered 55.8271 million yuan from Brilliance Group, and this matter will enhance the company's performance in 2025
According to the announcement from Jinbei Automotive (600609.SH), the company and its consolidated subsidiaries have declared a claim amount of 678 million yuan to the administrator of Brilliance Group. According to the repayment plan of the restructuring plan, the company and its consolidated subsidiaries have all chosen to receive compensation in cash, with an expected total compensation amount of 138 million yuan. As of the date of this announcement, the company and its consolidated subsidiaries have fully recovered the aforementioned claim compensation from Brilliance Group, totaling 138 million yuan. The losses related to the aforementioned claims have been fully accrued by the company in the fiscal years 2020 and 2021.
Recently, the company and its consolidated subsidiaries received the last batch of claim compensation from Brilliance Group, totaling 39.933 million yuan. In the fiscal year 2025, the company and its consolidated subsidiaries have cumulatively recovered 55.8271 million yuan in claim compensation from Brilliance Group, and this matter will increase the company's performance in the fiscal year 2025
