Civil action was received by the court summons Tianlong

Jiangsu Huasheng Tianlong photoelectric equipment Limited by Share Ltd (hereinafter referred to as "the company") recently announced that the company received the Shanghai Huangpu District people's court summons and civil complaint, asked the company on May 25, 2015 at 10 in the morning to Shanghai Huangpu District City People's Court of the first court to Shanghai James electronic materials company financial loan contract dispute case.

Announcement shows that the Bank of Nanjing Shanghai branch of Limited by Share Ltd (hereinafter referred to as the "Nanjing bank" in August 14, 2014 and the Shanghai James Electronic Materials Co. Ltd. (hereinafter referred to as the "Shanghai James") signed the amount of 19 million 500 thousand yuan the highest amount of contract and the maximum mortgage contract, the company for the maximum contract signed the maximum guarantee contract guarantee bear joint liability. Shanghai James is not scheduled repayment default, the Bank of Nanjing requires the return of loans and interest of the Shanghai James and the company jointly and severally liable.

The Bank of Nanjing (the plaintiff) Shanghai James requested the defendant to immediately repay the loan principal of 19 million 500 thousand yuan, and temporarily calculated up to March 10, 2015 13915.63 yuan of interest, pay the plaintiff from March 11, 2015 to the date of actual repayment of interest, overdue interest (in the interest owed 19513915.63 yuan as the base, according to the loan interest rates go up 50%), compensation for the plaintiff the lawyer fee loss of 200000 yuan, the whole Shanghai as James did not fulfill the above repayment obligations, the plaintiff has the right to Shanghai James Electronic Materials Co. Ltd. polycrystalline thermal field in all parts of the 1127, Japan and the United States imported graphite material 3321 discount, or apply for auction, the proceeds from the sale of the property by the plaintiff priority continue to pay, in part by the defendant; the defendant Jiangsu Huasheng Tianlong photoelectric equipment Limited by Share Ltd on the defendant Shanghai James Electronic Materials Co., Ltd. to bear joint and several liability to guarantee the security of the debt; order the case litigation costs borne jointly by the two defendants.

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