Jul 28, 2021 07:41 PM (GMT+8) · EqualOcean
Zhongli group announced that the company's overdue accounts receivable related to Shanghai electric business amounted to 507 million yuan; The company in which the company holds 19% shares, i.e. Zhongli electronics, has some contract receivables related to communication business. As of June 30, 2021, Zhongli electronics involved a total of 878 million yuan of overdue accounts receivable and 771 million yuan of material prepayment for this business. The above matters may lead to the risk of loss to the company.