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Jingrui Holdings Takes Steps to Address Disclaimer of Opinion

Story Highlights
  • Jingrui Holdings is engaging with creditors and reviewing debt to improve liquidity.
  • The company is implementing cost-cutting and negotiating with contractors to resolve financial uncertainties.
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Jingrui Holdings Takes Steps to Address Disclaimer of Opinion

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Jingrui Holdings Ltd. ( (HK:1862) ) has provided an announcement.

Jingrui Holdings Limited, a company incorporated in the Cayman Islands, has issued a supplemental announcement regarding its ongoing efforts to address a Disclaimer of Opinion. The company has been actively engaging with creditors to negotiate payment terms, reviewing its debt structure to enhance liquidity, implementing cost-cutting measures, and negotiating with contractors on repayment schedules. These actions aim to resolve uncertainties about the company’s going concern status.

More about Jingrui Holdings Ltd.

YTD Price Performance: -40.74%

Average Trading Volume: 11,899,926

Technical Sentiment Signal: Sell

Current Market Cap: HK$24.62M

For a thorough assessment of 1862 stock, go to TipRanks’ Stock Analysis page.

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