Aoyuan Beauty Valley(SZ:000615) Xin Lang Cai Jing·2025-10-09 15:38Core Viewpoint - *ST Meigu's subsidiary, Jinhua Green Fiber, failed to repay approximately 212 million yuan in debt, leading to the judicial auction of real estate assets by Jinghan Real Estate Group [1][2] Group 1: Legal and Financial Developments - On October 9, *ST Meigu announced significant litigation progress regarding its subsidiary Jinhua Green Fiber's failure to repay debt [1] - The debt originated from a fixed asset loan agreement signed in January 2020, with a repayment plan adjusted in March 2023 [1] - The Xiangyang Intermediate People's Court issued an execution notice demanding Jinhua Green Fiber repay a principal amount of 187,507,905.75 yuan, along with interest and penalties totaling approximately 27.14 million yuan by March 7, 2025 [1] Group 2: Auction Details - The real estate assets of Jinghan Real Estate will be auctioned on October 26, 2025, with a starting price of 154,380,000 yuan [2] - The auction results are uncertain, and if Jinghan Real Estate assumes the guarantee responsibility, it may reduce the liability amounts for other guarantors [2] - *ST Meigu will continue to monitor the litigation progress and disclose updates accordingly [2]