Ginwa Enterprise (Group) Inc.SSE: 600080

(600080)"GINWA ENTERPRISE (GROUP) INC."Announcement on Progress of Arbitration Case Concerning Non-compliant Guarantee Provided by Former Actual Controller in the Company's Name

· Issued by Ginwa Enterprise (Group) Inc. via Shanghai Stock Exchange

Filed with SSE · Stock code 600080 · · 3 pages · Chinese

Summary by 6ix AI

Ginwa Enterprise (Group) Inc. has announced the progress of an arbitration case regarding a non-compliant guarantee provided by its former actual controller in the company's name. The ruling requires the company to compensate for a significant amount related to a loan guarantee, which may impact its financial results. The company has received sufficient collateral to cover the potential liabilities arising from this case.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

On 6ix: 6ix.com/news/600080ginwa-enterprise-group-incannouncement-on-progress-of-arbitration-case-concerning-non-compliant-guarantee-provided-by-former-actual-controller-in-the-companys-name

Release

Announcement on Progress of Arbitration Case Concerning Non-compliant Guarantee Provided by Former Actual Controller in the Company's Name

The abstract is for reference only. Please refer to the full text of the announcement on the very day.

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