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Landsea Green Properties Co., Ltd. ( (HK:0106) ) has provided an announcement.
Landsea Green Management has issued a quarterly update on its action plan to address auditors’ prior disclaimer of opinion over going-concern uncertainties for its 2024 accounts. The group is adjusting sales and pre-sale strategies, reporting contracted sales of RMB6.75 billion for 2025 and RMB742 million for the first two months of 2026, while working to improve cash collection.
The company is negotiating with contractors, suppliers and financial institutions to secure construction continuity, new development loans, and refinancing or extensions on existing borrowings, including US$33.37 million of defaulted senior notes. It is also pursuing asset disposals, tighter cost control under its “Elite Workforce” initiative, and faster recovery of receivables as it seeks to stabilise liquidity and ultimately remove the auditors’ disclaimer, developments closely watched by creditors and shareholders.
The most recent analyst rating on (HK:0106) stock is a Sell with a HK$0.02 price target. To see the full list of analyst forecasts on Landsea Green Properties Co., Ltd. stock, see the HK:0106 Stock Forecast page.
More about Landsea Green Properties Co., Ltd.
Landsea Green Management Limited is a Hong Kong-listed property developer headquartered in Bermuda, operating through subsidiaries in the mainland China real estate market. The group focuses on residential property development, pre-sales, and related management services, positioning itself within a stressed Chinese property sector that is undergoing liquidity and refinancing pressures.
Technical Sentiment Signal: Sell
Current Market Cap: HK$86.6M
See more data about 0106 stock on TipRanks’ Stock Analysis page.