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Huijing Holdings Updates on Financial Restructuring Efforts

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Huijing Holdings Updates on Financial Restructuring Efforts

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The latest update is out from Huijing Holdings Company Limited ( (HK:9968) ).

Huijing Holdings Company Limited has announced a supplemental update regarding its efforts to resolve a Disclaimer of Opinion on its financial statements. The company is actively engaging with creditors to formulate a restructuring plan, seeking partners and investors for existing projects, and exploring diversified sales strategies to improve liquidity and financial position. Despite slower-than-expected progress due to the downturn in the PRC real estate market, the company maintains operations through rental income and is implementing cost control measures to enhance efficiency.

More about Huijing Holdings Company Limited

Huijing Holdings Company Limited operates in the real estate industry, focusing on property development and investment. The company is involved in the sale of properties, properties under development, and investment properties, primarily within the PRC real estate market.

Average Trading Volume: 4,554,412

Technical Sentiment Signal: Hold

Current Market Cap: HK$110.3M

See more data about 9968 stock on TipRanks’ Stock Analysis page.

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