April 20 (Reuters) - Jiu Rong Holdings Ltd 2358.HK:
UPDATE ON OVERDUE BORROWING AND NEW LITIGATION
RECEIVES COURT SUMMONS FOR LOAN DISPUTE LITIGATION ON APRIL 20, 2026
BANK OF COMMUNICATIONS HANGZHOU GONGSHU SUB-BRANCH CLAIMS REPAYMENT OF RMB49 MILLION LOAN AND RMB216,542 INTEREST, OTHERS
NEW LITIGATION EXACERBATES GROUP'S EXISTING LIQUIDITY CONSTRAINTS
COURT HEARING SCHEDULED FOR MAY 13, 2026 AT 14:30
GROUP'S BANK DEPOSITS OF RMB12.7 MILLION FROZEN DUE TO PRIOR LITIGATIONS
IS NOT AWARE OF ANY CROSS-DEFAULT HAVING BEEN TRIGGERED
Further company coverage: 2358.HK
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