Guangdong Jingyi Metal (002295.SZ) announced that as of August 6, 2024, the remaining principal of "21 Shangshi 01" bonds subscribed by the company is RMB 85.5 million, and a portion of the investment income has not been paid upon maturity. At present, the company has communicated with the issuer on the overdue payment of the bond, and will closely monitor the relevant progress of the bond product and fulfill information disclosure obligations in a timely manner.
In view of the fact that Shangshi Company failed to purchase "21 Shangshi 01" bonds and pay corresponding investment income according to the agreed deadline, the company has formally initiated legal proceedings. Currently, the case has been filed and opened, and the first-instance judgment result has not been announced. During the litigation process, the company has applied for property preservation to the court, and the court has frozen part of Shangshi Company's account funds and 45% equity held by Shangshi Company in Shangshi Commercial Factoring Co., Ltd. At the same time, the company is actively contacting all related parties, preparing relevant materials, and taking various measures to minimize the potential losses of the company and make every effort to safeguard the rights and interests of the company and all shareholders.