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China Resources & Transportation Group’s Efforts to Resolve Financial Concerns

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China Resources & Transportation Group’s Efforts to Resolve Financial Concerns

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China Resources & Transportation Group Ltd. ( (HK:0269) ) just unveiled an update.

China Resources and Transportation Group Limited has been actively working on resolving a disclaimer of opinion issued by its auditors concerning the company’s going concern status. The company has made progress in settling unsecured debts and is engaged in discussions for debt restructuring and new financing sources to improve its liquidity. The ongoing efforts are crucial for the company’s financial stability and future operations.

More about China Resources & Transportation Group Ltd.

China Resources and Transportation Group Limited is primarily involved in expressway operations, CNG gas stations operations, and the growing and sales of forage, agricultural products, and timber. The company continues to maintain its business operations as usual.

Average Trading Volume: 19,445,506

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$117.1M

Learn more about 0269 stock on TipRanks’ Stock Analysis page.

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