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Glory Sun Land Group Limited ( (HK:0299) ) has shared an announcement.
Glory Sun Land Group Limited has warned it will delay publication of its audited annual results for the year ended 31 December 2025 and the dispatch of its 2025 annual report, missing Hong Kong listing deadlines because it is still compiling key financial information, including redevelopment, finance and valuation adjustments tied to its Jitong Redevelopment Project. The company also flagged legal and financing uncertainties after a Shenzhen court ordered enforcement actions to seize and freeze assets of Shenzhen Jitong and related guarantors, with no new settlement reached on the associated bank borrowing, leaving directors unable to determine whether consolidation of Shenzhen Jitong remains appropriate and preventing even an unaudited results release, so investors face prolonged opacity over the group’s financial position and the timing of any resumption of normal disclosures.
The most recent analyst rating on (HK:0299) stock is a Hold with a HK$0.10 price target. To see the full list of analyst forecasts on Glory Sun Land Group Limited stock, see the HK:0299 Stock Forecast page.
More about Glory Sun Land Group Limited
Glory Sun Land Group Limited is a Hong Kong-listed company engaged through its subsidiaries in property-related investments and development projects, including redevelopment ventures such as the Jitong Redevelopment Project in Shenzhen, exposing it to China’s real estate and financing environment.
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$11.58M
For a thorough assessment of 0299 stock, go to TipRanks’ Stock Analysis page.