Gansu Jingang Solar's Unit Among Sued in Financial Loan Contract Dispute Case
MT Newswires Live
Feb 21, 2025
Gansu Jingang Solar's (SHE:300093) unit, Suzhou Jingang Photovoltaic Technology, was among companies that were sued a financial loan contract dispute, according to a Shenzhen Stock Exchange filing on Thursday.
Hua Xia Bank (SHA:600015) is seeking compensation worth 28.1 million yuan from the Chinese solar products manufacturer, Gansu Jingang Photovoltaic, Guangdong Ouhao Group and Suzhou Jingang Fireproof Steel Profile System.
The case was filed at the Free Trade Zone Court of Suzhou Industrial Park People's Court, the filing said.
Hua Xia Bank's shares slipped 1% in recent trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.