FilingReader Intelligence
Zhengzhou Bank sues for 1.1bn yuan loan recovery
July 23, 2025 at 05:06 AM UTC•By FilingReader AI
Zhengzhou Bank has filed a lawsuit against Zhengzhou Jinwei Industrial and other parties seeking recovery of a 1.1 billion yuan principal loan, plus interest and penalties.
The bank stated it has already provisioned for this loan and the litigation is not expected to significantly impact profits.
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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