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China Huajun Group Advances Financial Restructuring Efforts

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China Huajun Group Advances Financial Restructuring Efforts

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China Huajun Group Limited ( (HK:0377) ) just unveiled an announcement.

China Huajun Group Limited is actively addressing a disclaimer of opinion from its auditor regarding its financial statements and going concern status. The company is implementing an action plan that includes an offshore debt restructuring and issuing new shares to improve its financial standing. The restructuring became effective in June 2025, and the company plans to issue 24,600,000 new shares to creditors by the end of the year. Additionally, a subscription agreement was made to issue 12,000,000 new shares, with proceeds aimed at general working capital and debt repayment. The company is committed to resolving the disclaimer of opinion and will continue to update stakeholders on its progress.

The most recent analyst rating on (HK:0377) stock is a Sell with a HK$1.00 price target. To see the full list of analyst forecasts on China Huajun Group Limited stock, see the HK:0377 Stock Forecast page.

More about China Huajun Group Limited

Average Trading Volume: 6,471

Technical Sentiment Signal: Buy

Current Market Cap: HK$73.85M

For an in-depth examination of 0377 stock, go to TipRanks’ Overview page.

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