Group 1 - Yida China (03639) announced that in October 2022, Guangfa Bank Dalian Branch provided a loan of RMB 93 million to its indirect wholly-owned subsidiary, Yida Construction Group, with an interest rate of 4% and a maturity date of May 27, 2027 [1] - The loan is secured by collateral including approximately 8,000 square meters of public construction and 8,500 square meters of real estate, along with a second-ranking mortgage on 22,600 square meters of land [1] - As of January 6, 2026, Yida Construction failed to repay the latest loan principal and interest, resulting in an overdue loan balance of RMB 78 million [1] Group 2 - According to the company's mid-term report for 2025, as of June 30, 2025, the group failed to repay RMB 6.445 billion in principal, interest, and agreed fees, leading to a total overdue amount of RMB 5.107 billion [2] - The overdue loans triggered a cross-default amounting to RMB 4.98 billion, which is included in the total overdue and triggered default amounts [2] - The company's board informed shareholders and potential investors that the overdue loans constitute a debt default, and both parties are actively negotiating repayment [2]
亿达中国:双方仍在就贷款偿还事宜进行积极协商