China Debt 2 Billion Debt At Least 6 Listed Companies

The local financial institutions are very nervous after the exposure of "P > < a href=" http://sjfzxm.com/news/index_x.asp "> Yang Ding Guo" /a ".

In June 19th, several financial institutions that had made loans to China Central Group held an urgent meeting under the convening of the local people's Bank, and roughly summed up the debt situation of the group: the total liabilities amounted to more than 2 billion yuan.

Among them, 8 commercial banks had direct loans exceeding 500 million yuan, entrusted loans reached 280 million yuan, and private lending was about 505 million yuan.

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The huge debts owed by the P group will be agitating the capital market.

Securities Times reporter learned from many channels, at present, at least 6 listed companies will be implicated in the 2 billion yuan debt exposure of China metropolitan group.

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< p > reporters learned that after Yang Dingguo lost contact with the incident, the local financial institutions were very nervous.

In June 19th, several financial institutions that had made loans to China Central Group held an urgent meeting under the convening of the local people's Bank, and roughly summed up the debt situation of the group: the total liabilities amounted to more than 2 billion yuan.

Among them, 8 commercial banks had direct loans exceeding 500 million yuan, entrusted loans reached 280 million yuan, and private lending was about 505 million yuan.

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< p > take a commercial bank as an example. Since August 2013, the bank has signed numerous loan contracts with China capital group, involving an amount of 160 million yuan.

Among them, the latest loan is May, involving an amount of 30 million yuan, and the loan period will be May next year.

After the exposure of Yang Dingguo lost contact, the above-mentioned commercial banks issued a notice of early maturity of debt to central group on the basis of affecting the safety of loans.

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In the evening of June 18th, when Yang Ding Guo lost contact in June 18th, 8 banks rushed to work overtime to catch up all night in the Yuhang district court.

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< p > from the current situation of < a href= "http://sjfzxm.com/news/index_s.asp > > reporter < /a >, we can see that the huge debts owed by China Group will affect at least 6 listed companies.

Among them, apart from CITIC Bank, Minsheng Bank, Ningbo bank and Bank of communications and other listed banks, Hua Ding holdings, Shen Ke shares and other listed companies will be affected.

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< p > take Hua Ding holdings as an example. Since December 2012, the company has issued 130 million yuan of entrusted loans through the Bank of Ningbo, the borrower is the China capital group, the entrusted loan is 30 million yuan through the Bank of communications, the borrower is the Zhong Du Real Estate Group Co. Ltd. and the Zhejiang Zhong Du Department Store Co. Ltd.

Hua Ding Holdings has now confirmed that the interest on these two entrusted loans has not been cleared in time within the agreed period.

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< p > except for the loan to central China group, some shares of Shen Ke share will probably be implicated in the debt of the group.

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< p > data show that in 2012 11 hareun film and television first capital increase, Yang Dingguo invested 16 million 120 thousand yuan to participate in the subscription, of which 1 million 34 thousand yuan is registered capital, 15 million 86 thousand yuan is included in the capital accumulation fund, holding hareun film 1.33%.

In June 23rd, hareun film and Television Co.

If the restructuring is completed, Yang Dingguo will hold 3 million 586 thousand and 700 shares of Shen Ke shares, according to yesterday's closing price of 12.36 yuan / share, the equity value of 44 million 84 thousand and 400 yuan.

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< p > according to the reorganization agreement and the relevant letter of commitment, Yang Dingguo's 3 million 586 thousand and 700 shares of Shen Ke share are not pferable in the next 12 months.

However, some of the assets may be forced down by creditors.

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During the P interview, many a href= "http://sjfzxm.com/news/index_x.asp" > creditors < /a > indicated that with the continuing failure of Yang Ding Guo's lost contact, the debt that Yang Dingguo was handling still surfaced, and the total liabilities of the group would probably continue to grow.

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