Zhang Hongwei's "firefighting" commitment has not been fulfilled, and the financial risks of Orient Group Incorporation have intensified.

The actual controller Zhang Hongwei did not fulfill the relevant commitments.

lanjinger.comDec 20 19:44

Express News | Orient Group Incorporation: The controlling Shareholder and actual controller received the administrative regulatory decision document from Heilongjiang Securities Regulatory Commission.

BreakingsDec 20 18:36

Express News | The Shanghai Stock Exchange has initiated disciplinary proceedings against Orient Group Incorporation, Special Treat Dongshi, and other companies for violations.

BreakingsDec 20 18:22

CHINA ORIENTAL (00581.HK): Completed the establishment of a joint venture with ArcelorMittal.

On December 20, Gelonghui announced that CHINA ORIENTAL (00581.HK) has issued a statement regarding the composition of joint ventures and slab supply arrangements. All prerequisites for establishing the joint venture company have been met in accordance with the terms of the joint venture agreement, and the joint venture company was established on December 20, 2024.

Gelonghui FinanceDec 20 17:26

Express News | Orient Group Incorporation: Involved in a lawsuit of 1.339 billion yuan and overdue external guarantees.

BreakingsDec 19 18:54

Orient Group Incorporation (600811.SH): The controlling shareholder and actual controller have not fulfilled their commitments.

On December 19, Gelonghui reported that Orient Group Incorporation (600811.SH) stated on the investor interaction platform that as of the date of this announcement, the commitments made by the company's controlling shareholder, Orient Group Limited, and its actual controller, Mr. Zhang Hongwei, have expired. The current restricted situation of the net deposits of the company and its subsidiaries at Orient Group Financial Limited Liability Company has not been resolved, and Orient Group Limited and Mr. Zhang Hongwei have not fulfilled the relevant commitments.

Gelonghui FinanceDec 19 18:48