002053SZSE

Progress Announcement on Overdue Entrusted Loans to Associate Company by Yunnan Energy Investment Co., Ltd.

✨ AI Summary

Yunnan Energy Investment Co., Ltd. announces that an entrusted loan of RMB 1.47 million to its associate, Tianmeng Company, has become overdue. The company has fully provisioned for bad debts, and the loan amount is small relative to its net assets and profits. The company plans to take legal measures, including bankruptcy proceedings, to protect its rights and interests.

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Full Translation

AI Translation· azure_openai

Important Notice

Yunnan Energy Investment Co., Ltd. (hereinafter referred to as "the Company") guarantees that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.

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