CRE Subsidiaries YXL Rare Earth and YXL Refractory Materials Involved in Over 45 Lawsuits and Debt Issues

Reuters

Sep 11

CRE Subsidiaries YXL Rare Earth and YXL Refractory Materials Involved in Over 45 Lawsuits and Debt Issues

China Rare Earth Holdings Limited has provided updates on its subsidiaries, Yixing Xinwei Leeshing Refractory Materials Company Limited and Yixing Xinwei Leeshing Rare Earth Company Limited. These subsidiaries are involved in multiple legal cases, including at least 45 lawsuits and nine enforcement-related cases. Additionally, they owe judgment debts to various PRC banks and corporates. In one lawsuit, YXL Rare Earth reached a settlement with CMB, agreeing to repay a loan principal of RMB38,354,000, along with accrued interest, by the end of 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CRE - China Rare Earth Holdings Limited published the original content used to generate this news brief on September 11, 2025, and is solely responsible for the information contained therein.

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These subsidiaries are involved in multiple legal cases, including at least 45 lawsuits and nine enforcement-related cases. Additionally, they owe judgment debts to various PRC banks and corporates. In one lawsuit, YXL Rare Earth reached a settlement with CMB, agreeing to repay a loan principal of RMB38,354,000, along with accrued interest, by the end of 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CRE - <a href=\"https://laohu8.com/S/000831\">China Rare Earth</a> Holdings Limited published the original content used to generate this news brief on September 11, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00769","symbol_name":"中国稀土","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250911:nNDL3v4cwz:1","article_id":"2566552994","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2566552994","pubTimestamp":1757600525,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"China Rare Earth Holdings Limited has provided updates on its subsidiaries, Yixing Xinwei Leeshing Refractory Materials Company Limited and Yixing Xinwei Leeshing Rare Earth Company Limited. 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