ZHONGLIANG HLDG continues to negotiate with creditors for loan renewal or repayment extension

AASTOCKS
2026.04.01 01:42

ZHONGLIANG HLDG (02772.HK) announced that to address the auditor's inability to express an opinion on going concern, the group has continued to negotiate with existing debt holders regarding the extension or postponement of repayment of the group's bank and other borrowings.

The group has continued to seek alternative financing and loans. As of February 28, 2026, during a two-month period, the group has successfully extended several loans with a total principal amount of approximately RMB 200 million to 2027. Regarding the extended borrowings, the group was able to reduce interest rates to lower financing costs.

The group is committed to implementing these plans and measures and will continue to monitor liquidity and financial stability, striving to further strengthen its capital structure and enhance shareholder value

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