Home » Blu-ray Development: New litigation involving 1.885 billion yuan and failure to repay debt principal and interest 1.858 billion

Blu-ray Development: New litigation involving 1.885 billion yuan and failure to repay debt principal and interest 1.858 billion

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December 31,Blu-ray developmentPublish part of the debts of the company and its subsidiaries that have not been repaid as scheduledannouncement. The announcement shows that the company and its subsidiaries have recently added 1.858 billion yuan in principal and interest of debt that has not been repaid (including the company’s failure to repay the principal and interest of the company’s debt on December 13, 2021, and 322.5 million).

As of December 31, 2021,Blu-ray developmentThe total amount of debt principal and interest that has not been repaid due to maturity totals 27.739 billion yuan (includingBankDebt forms such as loans, trust loans, debt financing instruments, etc.). The company is currently actively coordinating solutions with the aforementioned financial institutions involved.

Another announcement also showed that due to the company’s phased liquidity tension and debt risks, some financial institutions and cooperation directionsBlu-ray developmentLitigation or arbitration was filed, and the total amount involved in this new lawsuit is 1.885 billion yuan.

Blu-ray Development stated in the announcement that at present, it is actively communicating and negotiating solutions with related parties to ensure the continued operation of Blu-ray Development. In view of the progress of the above-mentioned litigation, it is currently impossible to estimate the ultimate impact of the above-mentioned lawsuit on the development of Blu-ray. However, if the court subsequently takes measures such as the disposal of related assets on the projects involved in the case, it will have a significant adverse impact on the continued operation of Blu-ray Development.

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(Source: Beijing Commercial Daily)


Article source: Beijing Commercial Daily

Editor in charge: 91

Original title: Blu-ray Development: New litigation involving 1.885 billion yuan and failure to repay debt principal and interest 1.858 billion

Solemnly declare: The purpose of this information is to spread more information, and it has nothing to do with this stand.

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