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Crown International Corporation Limited ( (HK:0727) ) has shared an announcement.
Crown International Corporation has disclosed that its indirect wholly owned subsidiary, Weihai Guosheng Runhe Property Development Co. Ltd., filed for voluntary liquidation with a court in Shandong Province last year without the knowledge or approval of the company’s board, which only became aware of the move in January 2026. The company, having obtained PRC legal advice that the liquidation application can be withdrawn at any time and noting that control of the subsidiary, its assets and creditor payments remain unchanged, plans to procure the withdrawal of the application, believes the incident has not had a material adverse impact on the group’s financial position, and will conduct an internal inquiry while cautioning investors when dealing in its securities.
The most recent analyst rating on (HK:0727) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Crown International Corporation Limited stock, see the HK:0727 Stock Forecast page.
More about Crown International Corporation Limited
Crown International Corporation Limited is a Hong Kong-incorporated company listed on the Stock Exchange of Hong Kong. Through its subsidiaries, the group operates businesses that include property-related activities in mainland China, such as those undertaken by its indirect wholly owned unit Weihai Guosheng Runhe Property Development Co. Ltd. in Shandong Province.
Average Trading Volume: 155,511
Technical Sentiment Signal: Sell
Current Market Cap: HK$286.2M
For an in-depth examination of 0727 stock, go to TipRanks’ Overview page.