B · Normal
[*ST Hi-tech: Hainan Innovation has not refunded the 50 million yuan deposit so far and the public security agency has opened a case] On October 14th, *ST Hi-Tech (600730.SH) announced that the company's previously disclosed 50 million yuan deposit for the exclusive negotiation of the Shenzhen Core Energy Semiconductor Project has not been recovered as scheduled. Although Hainan Innovation has been asked to return it through various channels such as reminder letters and lawyer's letters, the money has not been returned yet. The company initially reported the case to the Haidian Branch of the Beijing Municipal Public Security Bureau on the grounds that funds had been misappropriated. Recently, it received a "Notice of Case Filing" and the case has been filed. At present, the production and operation of the company and its subsidiaries are in normal order, and the above matters will not have a significant impact on daily production and operations. If the amount cannot be recovered for a long time, the company will accrue credit impairment losses, and related bad debt losses will have a negative impact on profits and losses.
Comments