China Minsheng Banking Agrees on Settlement With Aoyuan Beauty Valley Tech's Subsidiary

MT Newswires Live

Jul 07

China Minsheng Banking (HKG:1988, SHA:600016) withdrew its lawsuit against Aoyuan Beauty Valley Technology's (SHE:000615) subsidiary, Guangzhou Aomei Industrial Investment, after agreeing to a settlement, according to a Shenzhen bourse disclosure on Saturday.

Aoyuan Beauty's shares closed less than 1% lower, while China Minsheng Banking's Shanghai shares closed over 3% higher on Monday.

The lender demanded a payment of 365.7 million yuan from the beauty products manufacturer through a compulsory enforcement filed at the Guangzhou Intermediate People's Court after Guangzhou Aomei failed to pay its debt.

Guangzhou Aomei was ordered to auction its mortgaged property in Panyu District, Guangzhou, China, but the auction was canceled following the settlement.

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.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2549581713"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2549581713\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2549581713?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-07 16:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2549581713","market":"sh","top_or_hot":-1,"title":"China Minsheng Banking Agrees on Settlement With Aoyuan Beauty Valley Tech's Subsidiary","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/CGMBF\">China Minsheng</a> Banking (HKG:1988, SHA:600016) withdrew its lawsuit against <a href=\"https://laohu8.com/S/000615\">Aoyuan Beauty Valley</a> Technology's (SHE:000615) subsidiary, Guangzhou Aomei Industrial Investment, after agreeing to a settlement, according to a Shenzhen bourse disclosure on Saturday.</p><p>Aoyuan Beauty's shares closed less than 1% lower, while <a href=\"https://laohu8.com/S/CMAKY\">China Minsheng</a> Banking's Shanghai shares closed over 3% higher on Monday.</p><p>The lender demanded a payment of 365.7 million yuan from the beauty products manufacturer through a compulsory enforcement filed at the Guangzhou Intermediate People's Court after Guangzhou Aomei failed to pay its debt.</p><p>Guangzhou Aomei was ordered to auction its mortgaged property in Panyu District, Guangzhou, China, but the auction was canceled following the settlement.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Minsheng Banking Agrees on Settlement With Aoyuan Beauty Valley Tech's Subsidiary</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina Minsheng Banking Agrees on Settlement With Aoyuan Beauty Valley Tech's Subsidiary\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-07-07 16:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/CGMBF\">China Minsheng</a> Banking (HKG:1988, SHA:600016) withdrew its lawsuit against <a href=\"https://laohu8.com/S/000615\">Aoyuan Beauty Valley</a> Technology's (SHE:000615) subsidiary, Guangzhou Aomei Industrial Investment, after agreeing to a settlement, according to a Shenzhen bourse disclosure on Saturday.</p><p>Aoyuan Beauty's shares closed less than 1% lower, while <a href=\"https://laohu8.com/S/CMAKY\">China Minsheng</a> Banking's Shanghai shares closed over 3% higher on Monday.</p><p>The lender demanded a payment of 365.7 million yuan from the beauty products manufacturer through a compulsory enforcement filed at the Guangzhou Intermediate People's Court after Guangzhou Aomei failed to pay its debt.</p><p>Guangzhou Aomei was ordered to auction its mortgaged property in Panyu District, Guangzhou, China, but the auction was canceled following the settlement.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0201","symbol_name":"可转债","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2549581713","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2549581713","pubTimestamp":1751878146,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"China Minsheng Banking  withdrew its lawsuit against Aoyuan Beauty Valley Technology's  subsidiary, Guangzhou Aomei Industrial Investment, after agreeing to a settlement, according to a Shenzhen bourse disclosure on Saturday.Aoyuan Beauty's shares closed less than 1% lower, while China Minsheng Banking's Shanghai shares closed over 3% higher on Monday.The lender demanded a payment of 365.7 million yuan from the beauty products manufacturer through a compulsory enforcement filed at the Guangzhou Intermediate People's Court after Guangzhou Aomei failed to pay its debt.Guangzhou Aomei was ordered to auction its mortgaged property in Panyu District, Guangzhou, China, but the auction was canceled following the settlement.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"600016":"民生银行","BK0201":"可转债","BK0273":"房地产","BK0183":"MSCI概念","BK0172":"雄安新区","BK0070":"员工持股","BK1560":"内银股","BK1231":"综合性银行","BK0188":"融资融券","BK0012":"证金概念","01988":"民生银行","BK0077":"质押式回购","000615":"*ST美谷","BK0187":"一线龙头","BK0278":"货币金融","BK0028":"国家队"},"translate_title":"中国民生银行与奥园美谷科技子公司达成和解","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"600016":0.9,"000615":0.9,"01988":0.9},"content_text":"China Minsheng Banking (HKG:1988, SHA:600016) withdrew its lawsuit against Aoyuan Beauty Valley Technology's (SHE:000615) subsidiary, Guangzhou Aomei Industrial Investment, after agreeing to a settlement, according to a Shenzhen bourse disclosure on Saturday.Aoyuan Beauty's shares closed less than 1% lower, while China Minsheng Banking's Shanghai shares closed over 3% higher on Monday.The lender demanded a payment of 365.7 million yuan from the beauty products manufacturer through a compulsory enforcement filed at the Guangzhou Intermediate People's Court after Guangzhou Aomei failed to pay its debt.Guangzhou Aomei was ordered to auction its mortgaged property in Panyu District, Guangzhou, China, but the auction was canceled following the settlement.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}