Announcement on the Court's Appointment of a Bankruptcy Liquidation Administrator for the Company's Controlling Shareholder
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(600818)"Zhonglu Co., Ltd."Announcement on the Court's Appointment of a Bankruptcy Liquidation Administrator for the Company's Controlling Shareholder
Filed with SSE · Stock code 600818 · · 3 pages · Chinese
Summary by 6ix AI
Zhonglu Co., Ltd. announced the court's appointment of a bankruptcy liquidation administrator for its controlling shareholder, Shanghai Zhonglu (Group) Co., Ltd. The announcement details the recovery of funds owed by the controlling shareholder and the ongoing legal actions to reclaim the remaining amount. The company also warns that if its next financial report receives a negative audit opinion, it may face delisting risks. The court has appointed Shanghai Fangda Law Firm to manage the bankruptcy proceedings.
Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries
Release
Story so far
- Announcement on Progress of Matters Related to the Imposition of Other Risk Warnings and Possible Imposition of Delisting Risk Warning on the Company's Shares and Risk Warnings
- Announcement on Reply to the "Shareholders' Inquiry Letter" from the China Securities Investor Services Center
- Announcement on Resolutions of the 23rd Meeting of the 11th Board of Directors
Earlier from Zhonglu
- Announcement on Progress of Matters Related to the Imposition of Other Risk Warnings and Possible Imposition of Delisting Risk Warning on the Company's Shares and Risk Warnings
- Announcement on Reply to the "Shareholders' Inquiry Letter" from the China Securities Investor Services Center
- Indicative Announcement on Court Ruling of Accepting the Bankruptcy Liquidation of the Controlling Shareholder
- Announcement on Resolutions of the 23rd Meeting of the 11th Board of Directors
- Announcement on Independent Directors' Proposal to Convene a Board Meeting
Later from Zhonglu
- (600818)"Zhonglu Co., Ltd."Announcement on Progress of Clearance and Demolition for Construction Land Reduction
- (600818)"Zhonglu Co., Ltd."Announcement on Initiation of Major Litigation by Subsidiary
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