Was sentenced to pay 20 million of the debt, s*st biochemistry.

Every reporter Cao Yuanyuan since April 10, 2007 began to suspend the s*st biochemical (000403,SZ) not only in the reform and return to the listing of no substantial progress, but in the near future provoked a nearly 20 million yuan lawsuit.　　This is difficult for the current operation of the s*st biochemical, can be said to be "the house leakage of the night rain."　　Yesterday s*st biochemical disclosure, the company received the court's civil rulings and judgments on July 1, requesting the company to pay the Fenyi Drive Bridge Co., Ltd. Jiangxi Province (hereinafter referred to as Fenyi Drive) 19575178.56 yuan. Public data show that the Fenyi driver since 1979 for S*ST biochemical production loader supporting product drive bridge, both sides have maintained good relations of cooperation. But in recent years due to the s*st biochemical management problems, the payment is also increasing. The final Fenyi drive to the Xinyu Institute of Litigation, request s*st biochemical repayment of arrears and interest amounts to 19575178.56 yuan. But s*st biochemical does not recognize this debt, the company said, December 10, 2007, the company and Yichun state-owned Assets Operation Co., Ltd. signed the transfer agreement, the company has contracted the construction machinery business and related assets, liabilities, as well as Jiangxi Special Automobile Limited liability company 97.5% of the equity, Transfer to Yichun state-owned Assets Operation Co., Ltd. at a price of 1 yuan. This shows that Yichun state-owned Assets Operation Co., Ltd. will bear the s*st of October 30, 2007 of the approved balance sheet debt and the signing of the future by the s*st of any debt arising from the biochemical business.　　Based on this reason, S*st Biochemistry has appealed to the High Court of Jiangxi Province. Because of the impact of the lawsuit, the company said: "Since the second half of 2008, due to the impact of bank collective prosecution, the financial chain tightens, the above litigation cases will aggravate the company's capital face tension, and affect the company's overall operating environment, so that the company's current profit and the period of profit has a certain impact." ”