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Leading Holdings Group Limited ( (HK:6999) ) just unveiled an announcement.
Leading Holdings Group Limited has provided a quarterly update on measures to address its auditor’s disclaimer of opinion on going concern, detailing ongoing efforts to improve liquidity and its financial position. The company continues to negotiate with existing lenders for renewals or extensions of bank and other borrowings and is in talks with financial institutions about securing new loans or lowering interest costs, though no new financing, loan extensions or rate reductions were secured in the fourth quarter of 2025. To bolster cash flow, the group is pushing faster property sales, reporting unaudited contracted sales of about RMB2.27 billion from the start of 2025 to 30 November, while also tightening cost controls and speeding up collection of sales proceeds. It is additionally disposing of non-core assets, with a subsidiary selling four project development companies in Zhumadian for a combined appraisal value of RMB3.5 million to independent third parties, signaling an ongoing effort to generate cash and stabilize operations amid persistent funding pressure and auditor concerns about its ability to continue as a going concern.
More about Leading Holdings Group Limited
Leading Holdings Group Limited is a Mainland China-based property developer listed in Hong Kong, focused on residential and cultural tourism-related real estate projects. The group’s operations span property development, sales of residential units and associated projects, with a current emphasis on accelerating contracted sales and managing liquidity amid a tightening funding environment for Chinese developers.
Technical Sentiment Signal: Sell
Current Market Cap: HK$120.2M
See more data about 6999 stock on TipRanks’ Stock Analysis page.