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Dongli Xinke: RMB 281 Million in Funds Raised by SAIC Hongyan Forcibly Deducted
2025-04-03 /
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Author：小编
Dongli Xinke has announced that a sum of RMB 281 million, held in a dedicated fund-raising account for its wholly-owned subsidiary SAIC Hongyan at the Shanghai Branch of China Everbright Bank, has been forcibly deducted by the court. The funds have subsequently been frozen by the court. This action will inevitably impact the investment and construction of SAIC Hongyan's "New Generation Smart Heavy Truck" project, as well as the final payment phase of the "Smart Factory" project, potentially leading to adverse effects on the company's daily operations. In response, SAIC Hongyan has stated that it will actively engage with all relevant parties to explore suitable solutions.
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