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An update from Zhuguang Holdings Group Co., Ltd. ( (HK:1176) ) is now available.
Zhuguang Holdings Group Co., Ltd. has announced measures to address the disclaimer of opinion in its 2024 Annual Report, focusing on improving its financial position and mitigating liquidity pressure. The company has secured financial support from its controlling shareholder, Rong De, and is actively engaging with lenders for refinancing and additional credit facilities. Efforts are also being made to monitor receivables, promote property sales, and implement cost reduction measures.
More about Zhuguang Holdings Group Co., Ltd.
Zhuguang Holdings Group Co., Ltd. is a company incorporated in Bermuda, focusing on urban redevelopment projects and property development. The company is involved in the pre-sales and sales of properties under development and completed properties held for sale.
Average Trading Volume: 2,842,817
Technical Sentiment Signal: Sell
Current Market Cap: HK$601.8M
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