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Yida China Holdings Ltd. ( (HK:3639) ) has provided an announcement.
Yida China Holdings Limited has disclosed that an indirect wholly owned subsidiary, Dalian Gaoji Property Development Company Limited, has breached a trust loan agreement with Bohai International Trust Co., Ltd., leaving an outstanding principal of RMB498 million past its May 2025 maturity at a 4% interest rate. The loan is secured by land and real estate mortgages, an equity pledge over Gaoji Company, and joint and several guarantees from other group subsidiaries, and the company is in ongoing negotiations with the creditor over an extension and debt resolution.
The group has also reported broader debt stress, with total borrowings overdue of about RMB6.44 billion as of June 30, 2025, and cross-defaults affecting an estimated RMB4.223 billion by February 28, 2026, though the latest breach did not trigger further cross-defaults beyond previously disclosed amounts. The board is still assessing the financial impact of these defaults and has warned shareholders and potential investors of the associated risks, signaling heightened refinancing pressure and uncertainty over the company’s capital structure and liquidity outlook.
The most recent analyst rating on (HK:3639) stock is a Hold with a HK$0.07 price target. To see the full list of analyst forecasts on Yida China Holdings Ltd. stock, see the HK:3639 Stock Forecast page.
More about Yida China Holdings Ltd.
Yida China Holdings Limited is a Cayman Islands-incorporated company listed in Hong Kong, operating through subsidiaries in mainland China. The Group is engaged in property development and related real estate businesses, including land and real estate holdings in Dalian, supported by various project and holding companies within its corporate structure.
YTD Price Performance: 22.22%
Average Trading Volume: 1,044,470
Technical Sentiment Signal: Sell
Current Market Cap: HK$142.1M
For an in-depth examination of 3639 stock, go to TipRanks’ Overview page.