FilingReader Intelligence

Shanghai Electric recovers 924m yuan, files new lawsuits

August 5, 2025 at 11:22 AM UTCBy FilingReader AI

Shanghai Electric Group recovered 924 million yuan from a 1 billion yuan loan settlement with SINOMEC Engineering Group, with the remaining 75 million yuan expected by end-2026.

The company filed two new lawsuits seeking 203 million yuan and 285 million yuan respectively in outstanding loan principal, interest and compound interest.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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