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Zensun Enterprises Details Progress on Liquidity Measures to Address Audit Disclaimer

Story Highlights
  • Zensun is restructuring debt, securing new borrowings and cutting costs to ease liquidity pressures and address its audit disclaimer.
  • Stronger property sales and substantial repayments to contractors underpin efforts to stabilise operations and resolve going-concern uncertainties.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zensun Enterprises Details Progress on Liquidity Measures to Address Audit Disclaimer

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Zensun Enterprises Limited ( (HK:0185) ) has issued an update.

Zensun Enterprises Limited has issued a quarterly update on its efforts to address the disclaimer of opinion issued by its auditors on the 2024 consolidated financial statements, which stemmed from material uncertainties related to going concern. The company is negotiating repayment extensions with three noteholders, none of whom have demanded immediate repayment or initiated legal proceedings, and is actively restructuring its debt profile to improve liquidity, having secured about RMB286.4 million in new bank and other borrowings and repaid roughly RMB247.6 million between July and November 2025. Supported by enhanced property sales measures, Zensun recorded approximately RMB4.2 billion in cumulative contracted sales in the first eleven months of 2025, while simultaneously tightening cost controls by optimising its organisational structure and reducing administrative expenses. The company is also in talks with more than 600 contractors to reschedule or settle outstanding construction payables and has paid around RMB700.5 million to contractors over the period, steps that collectively aim to mitigate liquidity risk, support business continuity, and ultimately remove the auditors’ disclaimer of opinion, with further updates to be provided as implementation progresses.

The most recent analyst rating on (HK:0185) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Zensun Enterprises Limited stock, see the HK:0185 Stock Forecast page.

More about Zensun Enterprises Limited

Zensun Enterprises Limited is a Hong Kong-incorporated investment holding company engaged primarily in property development and related businesses through its subsidiaries, with a focus on property sales in mainland China. The group operates in the real estate sector, relying heavily on contracted property sales and bank and other borrowings to support its liquidity and ongoing projects.

Average Trading Volume: 351,342

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$199M

For detailed information about 0185 stock, go to TipRanks’ Stock Analysis page.

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