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Zonqing Environmental Discloses Late-Reported Connected Loan Fully Repaid

Story Highlights
  • Zonqing Environmental’s unit lent RMB87.1 million to connected party ZIHG as short-term, unsecured working capital, which has since been fully repaid with interest.
  • The company admits it breached Hong Kong Listing Rules by late disclosure of the connected transaction, calling it inadvertent and pledging improved compliance controls.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zonqing Environmental Discloses Late-Reported Connected Loan Fully Repaid

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The latest announcement is out from Zonqing Environmental Limited ( (HK:1855) ).

Zonqing Environmental Limited has disclosed that its indirect non-wholly owned subsidiary Zonbong Ecology advanced RMB87.1 million in unsecured, on-demand working capital to connected party ZIHG in December 2025 at an annual interest rate of 5%, with partial repayments made later that month and the remaining principal and interest fully settled on 30 January 2026. The company admitted it failed to comply in a timely manner with Hong Kong Listing Rules on discloseable and connected transactions due to internal oversight and delays in information sharing, but stressed the omission was unintentional, that ZIHG is a connected person via common controlling shareholders, and that although the advance has now been repaid, it will cooperate with any Stock Exchange requirements and seek to strengthen its internal compliance and disclosure processes.

The most recent analyst rating on (HK:1855) stock is a Sell with a HK$1.50 price target. To see the full list of analyst forecasts on Zonqing Environmental Limited stock, see the HK:1855 Stock Forecast page.

More about Zonqing Environmental Limited

Zonqing Environmental Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates through subsidiaries such as Zonbong Ecology and is ultimately controlled by a group of individual shareholders who hold interests both in the company and in related entities such as ZIHG. The group’s structure and cross-shareholdings mean that transactions with entities like ZIHG can constitute connected transactions under Hong Kong listing regulations.

Average Trading Volume: 33,743,770

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.2B

Find detailed analytics on 1855 stock on TipRanks’ Stock Analysis page.

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