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Jingrui Holdings Ltd. ( (HK:1862) ) just unveiled an announcement.
Jingrui Holdings Ltd. has announced a quarterly update on its action plans to address a disclaimer of opinion issued by its auditors concerning the company’s financial statements for the year ending December 31, 2024. The company is actively engaging with creditors and financial institutions to negotiate payment arrangements and secure new loans to improve liquidity. Additionally, Jingrui is implementing internal measures to control costs and enhance payment collection from property sales, aiming to resolve the going concern issue and stabilize its financial position.
More about Jingrui Holdings Ltd.
Jingrui Holdings Ltd. is a company incorporated in the Cayman Islands, primarily involved in the real estate industry. The company focuses on property sales and pre-sales, working closely with financial institutions to facilitate mortgage loans for its customers.
YTD Price Performance: -62.96%
Average Trading Volume: 6,662,333
Technical Sentiment Signal: Sell
Current Market Cap: HK$15.39M
Find detailed analytics on 1862 stock on TipRanks’ Stock Analysis page.