Technology, Consumer Staples, Consumer Discretionary Mar 10, 2022 04:29 PM (GMT+8) · EqualOcean
Huatian Hotel announced that the company has received the civil ruling [(2018) Jing 0118 No. 7-6] issued by Miyun court. According to the third paragraph of Article 115 of the enterprise bankruptcy law of the people's Republic of China, Miyun court ruled as follows: for the first bankruptcy property settlement and distribution plan of Beijing haobojiye real estate development Co., Ltd. adopted at the fourth creditors' meeting, The court recognizes it. According to the distribution plan ruled by the court, Huatian Hotel recovered about 86.4373 million yuan and Huadun company, a wholly-owned subsidiary of the company, recovered about 126 million yuan.