Tianwei Sichuan Silicon Fails to Repay $23.6 Million Loan
Stock Chart for Baoding Tianwei Baobian Electric Co Ltd (600550)
The company has to pay an additional 120 million yuan in the outstanding principal due Nov. 30, Tianwei’s stakeholder, Sichuan Minjiang Hydropower Co., said in a filing to the Shanghai stock exchange. Minjiang Hydropower has a 14 percent stake in Tianwei Silicon.
Tianwei Sichuan suspended production in 2011, Minjiang said in a Dec. 15, 2011 filing.
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