Sichuan Jinding is facing a dispute over the recovery of 18.7 million yuan in prepayments, and the manager of the other party refused to respond.

Yesterday evening, Sichuan Jinding revealed that its wholly-owned subsidiary, Zhonghui Metal Co., Ltd., sued Beijing Metallurgical and Mining Nonferrous Metal Import and Export Co., Ltd. for overdue repayment of 18.7 million yuan. Combined with the company's previous announcement, this dispute over the repayment of prepayments is likely the core factor that led to Sichuan Jinding's large losses in the fourth quarter of last year. There are many mysteries behind the incident that need to be solved. Today, Wen Yunling, director, manager, and legal representative of Metallurgical and Mining, refused to answer questions regarding the above-mentioned issues and stated that she has superiors who need to be consulted. As of now, there has been no further response from her.