Yida China Warns of Heightened Debt Strain After New Loan Default

An update from Yida China Holdings Ltd. ( (HK:3639) ) is now available.

Yida China Holdings Limited has disclosed that its indirect wholly owned subsidiary Yida Construction Group Company Limited has defaulted on an instalment of a RMB93 million bank loan from the Dalian branch of China Guangfa Bank, leaving an outstanding principal of RMB78 million secured against various real estate assets and supported by guarantees from several group companies. The overdue loan forms part of a broader debt distress situation at the Group, which had already accumulated substantial overdue borrowings and a large amount of debt subject to potential immediate repayment through cross-default provisions as of mid‑2025; while the latest default did not trigger new cross-defaults, the board is still assessing the financial impact and is in active negotiations with lenders, warning shareholders and investors to be cautious given the heightened refinancing and liquidity risks.

The most recent analyst rating on (HK:3639) stock is a Hold with a HK$0.05 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 investment holding company listed in Hong Kong, operating through subsidiaries including Yida Construction Group and several Dalian-based property development and software park entities. The Group is engaged in construction and property development activities, with assets such as public facilities, real estate, and land parcels in locations including Hekou Bay in Dalian, and relies on bank financing and secured borrowings to support its operations.

YTD Price Performance: 20.0%

Average Trading Volume: 1,033,372

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$126.6M

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