Debt restructuring negotiations between China Fortune Land Development and Zhongrong Trust are still at a stalemate – yqqlm

Summary

[China Fortune Land Development and Zhongrong Trust are still at a stalemate in their debt restructuring negotiations]There are media reports: China Fortune Land Development said that “the ‘five-year’ plan for the Zhongrong Trust project has not changed.” Restructuring negotiations may be good. In this regard, the reporter asked both China Fortune Land Development and Zhongrong Trust to verify that the dispute between the two sides has not been eliminated, and they still insist on their own opinions. The official response from Zhongrong Trust stated that “the company has not yet received official communication from China Fortune Land Development, and the company is still preparing to sue.” China Fortune Land Development told reporters, “At present, the company has conducted several rounds of negotiations with Zhongrong Trust, and is working on the specific content of the agreement. Further detailed communication.” (21st Century Business Herald)

There are media reports:China Fortune Land DevelopmentThe side said that “the ‘five-year’ plan of the Zhongrong Trust Project has not changed.” The focus of the dispute between the two sides has been eliminated, and the debtreorganizationNegotiation or good.In this regard, the reporterChina Fortune Land DevelopmentHe Zhongrong Trust has verified and learned that the disputes between the two parties have not been eliminated, and they still insist on their own opinions.Zhongrong Trust’s official response said that “not yet receivedChina Fortune Land DevelopmentFormal communication, the company is still preparing to sue. “China Fortune Land Development Co., Ltd. told reporters, “At present, the company has conducted several rounds of negotiations with Zhongrong Trust, and is making further detailed communication on the specific content of the agreement. “

(Article source: 21st Century Business Herald)

Article source: 21st Century Business Herald

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Original title: China Fortune Land Development and Zhongrong Trust have different opinions on debt restructuring negotiations are still at a stalemate