FilingReader Intelligence
Jinggu Forestry subsidiary faces lawsuits totaling 43.2m yuan
August 26, 2025 at 10:14 AM UTC•By FilingReader AI
Huivin Wood Industry, a subsidiary of Yunnan Jinggu Forestry, faces 10 lawsuits totaling 43.2m yuan in principal and interest. The private lending disputes involving former controllers have frozen nine bank accounts and shut two production lines.
The company expects further performance decline in 2025's first half due to operational disruption.
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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