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Jingrui Holdings Ltd. ( (HK:1862) ) has issued an update.
Jingrui Holdings Limited has provided a quarterly update on its action plans to address the Disclaimer of Opinion regarding its going concern status. The company has implemented cost-cutting measures, reducing its workforce from 357 to 337 employees between June and September 2025. Additionally, a clarification was made regarding a typographical error in a previous announcement, correcting the maturity date of most additional loans obtained by the company to 2026 instead of 2029. The company continues to work on resolving uncertainties and will provide further updates as necessary.
More about Jingrui Holdings Ltd.
Jingrui Holdings Limited is a company incorporated in the Cayman Islands with limited liability, primarily engaged in the real estate industry. The company, along with its subsidiaries, focuses on property development and investment, operating primarily in the Chinese market.
YTD Price Performance: -51.85%
Average Trading Volume: 14,589,343
Technical Sentiment Signal: Sell
Current Market Cap: HK$20M
See more insights into 1862 stock on TipRanks’ Stock Analysis page.