Shunfeng International Grapples with Bondholder Legal Battle

Shunfeng International Clean Energy (HK:1165) has released an update.

Shunfeng International Clean Energy is facing financial challenges as two bondholders seek enforcement for unpaid bonds and interest, leading to legal actions that include the freezing of assets and restrictions on high-consumption activities. The company is pursuing legal advice and negotiations to resolve the issue and advises shareholders to be cautious. This development highlights the risks associated with corporate bonds and debt management in the financial markets.

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