LYPM(SZ:002501) Ge Long Hui A P P·2025-10-20 11:57Core Viewpoint - Liyuan Co., Ltd. is taking legal action against Jiangsu Jiangding Plastic Technology Co., Ltd. to recover outstanding payments totaling approximately 51.4 million yuan, aiming to mitigate potential bad debt losses [1] Group 1: Legal Action and Debt Recovery - Liyuan Co., Ltd. filed a lawsuit against Jiangsu Jiangding on July 2025, demanding immediate payment of 51,400,997.84 yuan and associated penalties [1] - Following the lawsuit, Jiangsu Jiangding has made a partial payment of 5,000,000.00 yuan, leaving an outstanding principal amount of 46,400,997.84 yuan [1] - The company plans to enter into a settlement agreement with Jiangsu Jiangding, which includes a debt restructuring plan for repayment in seven installments, with the final payment due by June 20, 2028 [1] Group 2: Guarantees and Collateral - Several guarantors, including companies and individuals, have voluntarily agreed to assume joint liability for the debts owed by Jiangsu Jiangding to Liyuan Co., Ltd. [1] - Jiangsu Jiangding and its guarantors are providing collateral to secure the repayment of the outstanding debt [1] - Jiangsu Jiangding is also responsible for covering reasonable expenses incurred by Liyuan Co., Ltd. in asserting its rights, amounting to 500,000 yuan [1]