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An announcement from Zhongliang Holdings Group Company Limited ( (HK:2772) ) is now available.
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 Group has successfully negotiated extensions for its existing debt, secured new borrowings, reduced costs, and accelerated property sales to generate cash flow. These efforts aim to stabilize the company’s financial standing and reduce indebtedness.
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 Group focuses on property development and sales, with a market emphasis on accelerating property sales and managing financial obligations.
Average Trading Volume: 4,712,594
Technical Sentiment Signal: Sell
Current Market Cap: HK$345M
See more data about 2772 stock on TipRanks’ Stock Analysis page.