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Jiu Rong Holdings Limited ( (HK:2358) ) has shared an announcement.
Jiu Rong Holdings Limited has issued an update regarding the disclaimer of opinion in its annual report for the eighteen months ended June 30, 2025. The company is actively addressing the issues highlighted by its auditors by implementing remedial measures such as asset disposals, enhancing receivables collection, engaging with creditors, and seeking financing opportunities. Key actions include progressing with a substantial disposal related to a charging station project and potential disposal of assets in Hangzhou LuYun Property Limited to improve liquidity. Additionally, efforts are being made to recover long-outstanding trade receivables and pursue legal actions against a former executive director to recover amounts due.
More about Jiu Rong Holdings Limited
Average Trading Volume: 33,407,213
Technical Sentiment Signal: Sell
Current Market Cap: HK$76.61M
For detailed information about 2358 stock, go to TipRanks’ Stock Analysis page.