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China Baoli Technologies Holdings Ltd. ( (HK:0164) ) has issued an update.
China Baoli Technologies Holdings Limited has implemented several measures to address a disclaimer of opinion regarding its financial statements for the year ended 31 March 2025. These measures include completing a rights issue and placing new shares to raise approximately HK$71.6 million, negotiating debt-to-equity conversions with creditors, and discussing terms with holders of convertible bonds to preserve cash flow. The company is also enhancing its convergence media business through strategic partnerships and has initiated coal mine processing operations in Mongolia to ensure stable cash flow and explore further opportunities in the DGDB sector.
More about China Baoli Technologies Holdings Ltd.
China Baoli Technologies Holdings Limited operates within the technology sector, focusing on convergence media and dry grinding and dry beneficiation (DGDB) businesses. The company is engaged in concert production, marketing, advertising, and coal mine processing operations, with a market focus on leveraging strategic partnerships and exploring opportunities in Mongolia.
Average Trading Volume: 597,482
Technical Sentiment Signal: Sell
Current Market Cap: HK$123.7M
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