Shandong Huapeng Glass (603021.SH): Received a notice for the arbitration hearing.

Gelonghui, March 27 - Shandong Huapeng Glass (603021.SH) announced that as Applicant One, and Shandong Haike Holding Co., Ltd. as Applicant Two, a dispute with the Respondent Shandong Development Investment Holding Group Co., Ltd. has been submitted to the China International Economic and Trade Arbitration Commission (hereinafter referred to as "the Arbitration Commission") for arbitration. On January 16, 2025, the company received the arbitration notice for the DC20250058 agreement dispute from the Arbitration Commission, which has accepted the case. On March 26, 2025, the company received the court session notice for the DC20250058 agreement dispute from the Arbitration Commission.

Gelonghui FinanceMar 27 15:58

Express News | Shandong Huapeng: The arbitration matter is scheduled to be heard on April 21.

BreakingsMar 27 15:57

Shandong Huapeng 2024 annual results forecast

SZSIJan 18 00:00 · Announcements

Express News | Shandong Huapeng: Estimated net income loss of -0.175 billion yuan to -0.126 billion yuan in 2024.

BreakingsJan 17 19:06

A-share anomaly | Shandong Huapeng hits the limit down, stock price falls below 4 yuan, some debts are overdue.

On January 3, Gelonghui reported that Shandong Huapeng Glass (603021.SH) hit the daily limit down, with the stock price falling below 4 yuan, a recent drop of 45% from its high. The company's total market value is less than 1.3 billion yuan. In a recent announcement, the company stated that due to significant cash flow pressure, both the company and its subsidiary Shandong Huapeng Shidao Glass Products Co., Ltd. are unable to repay due debts, resulting in failures to fulfill part of their debt repayment obligations on time. As of December 31, 2024, the cumulative overdue debt amount for the company and Shidao Glass at affiliated companies is approximately 0.786 billion yuan. (Gelonghui)

Gelonghui FinanceJan 3 11:31

January 3rd A-share investment lightning rod︱Hangzhou Gaoxin: Termination of acquisition of 51% shares of Sun High-tech held by Hangzhou Ruixin; Shandong Huapeng: Cumulative debt overdue of approximately 0.786 billion yuan.

Jiangsu Lihua Animal Husbandry: Shareholder Tianming Agriculture has cumulatively reduced its shareholding by 1.06%.

Gelonghui FinanceJan 2 22:18