Tengda Construction has announced that joint venture Dongying Tenghua, in which the company holds a 30% stake, has been listed as a non-normal operating enterprise due to significant credit risk in accounts receivable. It is expected to reduce the company's net income for 2024 by 44.872 million yuan. The company is currently investigating the reasons and taking measures to respond.
腾达建设：联营企业东英腾华出现重大信用风险
Tengda Construction Group: Joint venture Dongying Tenghua has encountered significant credit risk.
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