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The latest update is out from Zhongliang Holdings Group Company Limited ( (HK:2772) ).
Zhongliang Holdings Group Company Limited has implemented several measures to improve its liquidity and financial position, addressing a disclaimer of opinion from its auditor regarding going concern. The company has successfully negotiated extensions on its debt maturities, secured new financing, and reduced costs, while also accelerating property sales and exploring opportunities to dispose of equity interests to generate cash inflows.
More about Zhongliang Holdings Group Company Limited
Zhongliang Holdings Group Company Limited is a company incorporated in the Cayman Islands, primarily engaged in the real estate industry. The company focuses on property development and sales, with a market focus on accelerating property sales and managing financial obligations.
YTD Price Performance: -27.27%
Average Trading Volume: 3,169,275
Technical Sentiment Signal: Sell
Current Market Cap: HK$347.6M
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