JINGCHENG MAC (00187) Subsidiary Tianhai Low Temperature Faces Bankruptcy Liquidation Application from Creditor

Stock News
Oct 14

JINGCHENG MAC (00187) announced that the company recently received a "Beijing First Intermediate People's Court Notice" forwarded by Tianhai Low Temperature, learning that Tianhai Low Temperature has been subject to a bankruptcy application filed by creditor Langhui Technology. The main content states that the applicant has petitioned the court for bankruptcy liquidation of Tianhai Low Temperature on the grounds that Tianhai Low Temperature is unable to repay due debts and obviously lacks repayment capacity. The company's board of directors is actively communicating with relevant creditors and the court to verify and understand this matter. As of the date of this announcement, the company has not yet received a court ruling, and whether Tianhai Low Temperature will enter bankruptcy proceedings remains uncertain.

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