Rongqiao Group: Subsidiary Fujian Rongzhuang's 37.05 million yuan debt overdue, negotiating disposal with Everbright Bank

NightAirdropper · 2026-03-06T04:54:19+00:00

Rongqiao Group announced that its subsidiary, Fujian Rongqiao Decoration Engineering Co., Ltd., failed to repay the debt of 37.05 million yuan signed with Everbright Bank on time and is actively communicating with the bank to reduce the impact.

NightAirdropper

2026-03-06 04:54:19

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Guancha News: On March 5th, Ronche Group Co., Ltd. issued an announcement regarding overdue debt of its subsidiary.

According to the announcement, Ronche Group’s subsidiary, Fujian Ronche Decoration Engineering Co., Ltd., signed multiple credit-related agreements with China Everbright Bank Fuzhou Branch between January 2021 and June 2023. Ronche Group provided collateral and guarantees for the debt.

According to the “Working Capital Loan Contract Amendment Agreement” signed by Fujian Ronche and Everbright Bank at the end of 2025, Fujian Ronche is required to repay a principal of 37.05 million yuan by February 28, 2026. As of the announcement date, Fujian Ronche has not repaid the principal as scheduled.

Ronche Group stated that Fujian Ronche is actively communicating with Everbright Bank regarding debt disposal matters to minimize the adverse impact on the company.

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