Wire flash
Maixinlin: Supplier A Misses Delivery Deadline, 267M Yuan Deposit Paid
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Maixinlin (迈信林) announced in a stock exchange filing that it had entered into an equipment procurement contract with Company A, with a total contract value of approximately 8.9 billion yuan (including tax). As of the announcement date, Maixinlin has paid a total deposit of 267 million yuan, representing 30% of the total contract amount. Company A has failed to deliver the equipment, and the latest delivery deadline has passed, constituting a breach of contract. The two parties have not yet reached an agreement on issues including delayed delivery, alternative supply, and compensation for the breach. The announcement did not disclose the specific nature of the equipment or the identity of Company A.
Source report
Maixinlin has issued an announcement regarding a previously signed equipment procurement contract with Company A. The total contract value is approximately RMB 890 million (including tax).
As of the date of the announcement, the company has paid a total deposit of RMB 267 million, representing 30% of the total contract amount. Company A has not yet delivered the equipment, and the latest delivery deadline has passed, constituting a breach of contract.
The two parties have not yet reached an agreement on matters including:
- Delayed delivery
- Alternative supply arrangements
- Compensation for breach of contract
Source
证券之星-股市直击Neutral / independent