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Jingrui Holdings Details Debt Moves and Cost Cuts in Bid to Lift Audit Disclaimer

Story Highlights
  • Jingrui Holdings intensified cost controls, cutting staff and managing liquidity.
  • The group raised RMB367.49m in new loans and repaid RMB517.31m in debt to address going-concern issues.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jingrui Holdings Details Debt Moves and Cost Cuts in Bid to Lift Audit Disclaimer

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The latest update is out from Jingrui Holdings Ltd. ( (HK:1862) ).

Jingrui Holdings Limited has provided a quarterly update on its efforts to address the audit disclaimer of opinion related to going-concern uncertainties, mainly by restructuring its debt and tightening cost controls. Between 1 July and 31 December 2025, the group reduced its headcount from 337 to 316, secured additional loans totaling about RMB367.49 million at what it describes as reasonable cost, and repaid approximately RMB517.31 million of existing bank and other borrowings, with the board stating that it will continue these measures and issue further updates as needed.

The most recent analyst rating on (HK:1862) stock is a Hold with a HK$0.02 price target. To see the full list of analyst forecasts on Jingrui Holdings Ltd. stock, see the HK:1862 Stock Forecast page.

More about Jingrui Holdings Ltd.

Jingrui Holdings Limited is a Cayman Islands–incorporated company listed in Hong Kong that operates through its subsidiaries, though this announcement does not specify its industry, products or core services. The group relies on bank and other borrowings for funding and is currently focused on managing liquidity and resolving issues that have raised going-concern uncertainties in its audited financial statements.

YTD Price Performance: -44.44%

Average Trading Volume: 14,288,322

Technical Sentiment Signal: Sell

Current Market Cap: HK$23.08M

Find detailed analytics on 1862 stock on TipRanks’ Stock Analysis page.

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