Summary
[Cedar Trust: There are 20 billion overdue projects with no external misinformation]Cedar International Trust held its 2022 annual working meeting to explain the focus of recent outsiders: Cedar International Trust currently has a stable organizational structure and normal and orderly operations. There is no overdue project with a scale of 20 billion that is misrepresented by the outside world. There are also some reports that the company’s Changtai Zhengxin products and “capital pool” sharp increase products are overdue. In fact, the Changtai series of projects are operating normally; the “capital pool” surge products have also been cleaned up by the end of 2020, and the company currently has no capital pool or TOT-type capital pool products. Evergreen series products, the current stock of which is regarding 2 billion yuan, all parties in the company have been speeding up the disposal and actively communicating with them. (Financial Association)
Cedar International Trust held the 2022 annual working meeting to explain the focus of the recent outside world: Cedar International Trust currently has a stable organizational structure, normal and orderly operations, and there is no overdue project with a scale of 20 billion that has been misreported by the outside world. There are also some reports that the company’s Changtai Zhengxin products and “capital pool” sharp increase products are overdue. In fact, the Changtai series of projects are operating normally; the “capital pool” surge products have also been cleaned up by the end of 2020, and the company currently has no capital pool or TOT-type capital pool products. Evergreen series products, the current stock of which is regarding 2 billion yuan, all parties in the company have been speeding up the disposal and actively communicating with them.
(Article source: Financial Associated Press)
