Brief: Xinte Energy Updates On Litigation Involving A Unit
03/03/2021 14:38
March 3 (Reuters) - Xinte Energy Co Ltd 1799.HK :
* INFORMED BY XINJIANG NEW ENERGY THAT IT FILED LAWSUIT
AGAINST
XUYI HIGH DRIVE & JIANGSU HIGH DRIVE NEW ENERGY CO
* LAWSUIT FILED AS XUYI HIGH DRIVE FAILED TO PAY PAYABLES
FOR
FINANCE LEASE
* SEEKS FROM XUYI HIGH OUTSTANDING LEASE PAYABLES OF RMB57.3
MILLION, UNDUE LEASE PAYABLES OF RMB813.4 MILLION & OTHER
DAMAGES
Source text https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0303/2021030301663.pdf
Further company coverage: 1799.HK
((Reuters.Briefs@thomsonreuters.com;))
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