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The latest update is out from Shandong Chenming Paper Holdings Co., Ltd. Class H ( (HK:1812) ).
Shandong Chenming Paper Holdings Limited announced that its cumulative newly overdue debts have reached RMB1,656 million as of March 31, 2025, which represents 18.09% of its latest audited net assets. The company is facing potential litigation and operational disruptions due to these overdue debts. To mitigate these issues, provincial debt committees have been established to maintain credit stability and support the company with measures such as loan renewals and interest rate reductions. The company is also actively seeking to raise funds, optimize its asset structure, and negotiate debt repayment plans to improve liquidity and operational stability.
More about Shandong Chenming Paper Holdings Co., Ltd. Class H
Shandong Chenming Paper Holdings Co., Ltd. is a joint stock company incorporated in China, operating in the paper industry. The company and its subsidiaries focus on producing various types of paper products and are listed on the Hong Kong Stock Exchange.
YTD Price Performance: -53.74%
Average Trading Volume: 1,266
Technical Sentiment Signal: Buy
Current Market Cap: €473.9M
Learn more about 1812 stock on TipRanks’ Stock Analysis page.