FilingReader Intelligence
Vantone Development recovers $352m from Source Photonics settlement
July 21, 2025 at 10:49 AM UTC•By FilingReader AI
Beijing Vantone New Development Group Corporation Limited recovered RMB 352,025,121.85 from Source Photonics Chengdu, resolving overdue financial assistance from a USD 50 million convertible bond loan.
The company had initiated arbitration but reached a settlement, leading to withdrawal of the arbitration cases.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SSE:600246•Shanghai Stock Exchange
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