Hop King Pacific: the company is actively communicating with creditors that a 212 million debt repayment plan is unlikely to trigger other debt repayment in advance.

FYF, April 29 / PRNewswire-FirstCall-Asianet /-- the company is actively communicating with creditors that a 212 million debt repayment plan triggers early repayment of other debts. FYF announced a few days ago that the company's foreign debt of 212 million yuan guaranteed to a third party has not yet been repaid in accordance with its scheduled repayment date. In this regard, Hexing Pacific insiders said that the company is actively communicating with borrowers and creditors about the repayment plan. It is believed that the possibility of triggering a number of long-term interest-bearing banks and other debts to be repaid in advance is very low. At present, the company's other loans are RMB 31.163 billion yuan. In the future, the company will maintain close communication with creditors and properly deal with group debts. At present, everything in the company is normal. The related matters did not have a material impact.