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Zhong Ji Longevity Science Group Faces Legal Proceedings Over Convertible Notes

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Zhong Ji Longevity Science Group Faces Legal Proceedings Over Convertible Notes

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Zhong Ji Longevity Science Group Limited ( (HK:0767) ) has provided an announcement.

Zhong Ji Longevity Science Group Limited is facing legal proceedings initiated by Harmony Delight Holdings Limited, a holder of a significant portion of the company’s convertible notes. The legal action seeks validation and conversion of these notes into company shares. The company is questioning the validity of these notes due to issues surrounding a past acquisition and is conducting an internal assessment. Despite the legal challenges, the company maintains that its operations and financial performance remain unaffected.

More about Zhong Ji Longevity Science Group Limited

Zhong Ji Longevity Science Group Limited operates in the financial services industry, focusing on P2P loans platforms. The company has been involved in acquisitions and the issuance of convertible notes, with a market focus on leveraging financial instruments to expand its operations.

Average Trading Volume: 1,040,942

Technical Sentiment Signal: Hold

Current Market Cap: HK$278.7M

For a thorough assessment of 0767 stock, go to TipRanks’ Stock Analysis page.

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