Shandong Chenming Paper Faces 56 New Lawsuits Over 793 Million Yuan

MT Newswires Live

Aug 17

Shandong Chenming Paper Holdings (HKG:1812, SHE:000488) was named defendant or respondent in 56 new litigation cases between June 12 and Aug. 13, involving a combined 792.9 million yuan, mainly over overdue debts and contract disputes.

Five cases involving 1.2 million yuan have been decided, while 51 cases totaling 791.7 million yuan remain pending, according to a Friday Hong Kong exchange filing. No compulsory enforcement procedures have been initiated, the company said, adding that it is negotiating settlements with creditors.

Shares of the company rose over 2% in Monday's trade.

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No compulsory enforcement procedures have been initiated, the company said, adding that it is negotiating settlements with creditors.</p><p>Shares of the company rose over 2% in Monday's trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1223","symbol_name":"纸制品","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2660100687","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2660100687","pubTimestamp":1786950671,"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. 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