Hidili Industry Updates Debt Restructuring and Reports Higher Coal Output, Lower Costs

Hidili Industry International Development Limited ( (HK:1393) ) has issued an update.

Hidili Industry International Development Limited has provided a quarterly update on its efforts to address a disclaimer of opinion issued by its auditors over going-concern uncertainties, detailing ongoing debt restructuring talks and operational improvements. The company is negotiating revised repayment terms with a PRC financial institution that acquired about 70% of its former bank borrowings from Minsheng Bank and Ping An Bank, seeking partial principal waivers, full interest forgiveness and extended loan maturities, while also pursuing separate negotiations with remaining PRC lending banks, though no final agreements have yet been reached. Operationally, Hidili reported strong production growth in 2025, with raw coal and clean coal output up 31% and 19% respectively year-on-year, alongside significant reductions in unit production costs driven by tighter budgetary controls, optimized resource allocation and better absorption of fixed and variable costs. The company is also tightening general administrative expenses and planning disposals of non-performing assets to bolster cash inflows, measures that collectively aim to alleviate financial pressure, support its going-concern status and improve its overall financial resilience for stakeholders.

The most recent analyst rating on (HK:1393) stock is a Hold with a HK$0.06 price target. To see the full list of analyst forecasts on Hidili Industry International Development Limited stock, see the HK:1393 Stock Forecast page.

More about Hidili Industry International Development Limited

Hidili Industry International Development Limited is a Hong Kong-listed coal producer, primarily engaged in the mining and production of raw coal and clean coal in mainland China, with a focus on improving operational efficiency and cost management to strengthen its competitive position in the coal market.

YTD Price Performance: -4.76%

Average Trading Volume: 6,637,234

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$276.3M

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