Core Viewpoint - The announcement from Xiangyuan Culture and Tourism clarifies that the overdue financial products are related to its controlling shareholder, Xiangyuan Holdings, and that the company itself is not liable for any repayment obligations [1][4]. Group 1: Company Response - Xiangyuan Culture and Tourism confirmed that there are overdue payments on financial products issued on a platform related to real estate projects with Xiangyuan Holdings, which bears joint guarantee responsibility [1][5]. - The company stated that the overdue financial products are unrelated to Xiangyuan Culture and Tourism and its subsidiaries, and the company does not bear any repayment or guarantee obligations [1][5]. - The company's operations are currently normal, and management has committed to maintaining independence from its controlling shareholder in various aspects [1][5]. Group 2: Industry Context - Other companies, such as Jiaojian Co. and Haichang Ocean Park, have also issued announcements regarding the situation [2]. - The Zhejiang Financial Assets Trading Center's financial asset trading qualifications were revoked as of October 2024, indicating a significant regulatory change in the industry [3]. - The Zhejiang Provincial Financial Management Bureau announced that there will no longer be financial asset trading venues in the province, although existing legal responsibilities will still be upheld [3].
祥源控股金融产品逾期兑付三公司紧急澄清