Multiple Sources Address Reports of R&F Properties Chairman Li Silian's Travel Restrictions; Company Says No Official Notice Received

Deep News03-11 21:41

According to sources, around the Spring Festival period in 2026, Li Silian, Chairman of Guangzhou R&F Properties Co., Ltd. (2777.HK), was prevented from leaving the country during an attempted departure. Immigration authorities informed him that the Tianjin No. 3 Intermediate People's Court had imposed an exit ban on him. When contacted for comment, the Tianjin court stated that the case is still under processing and no further details can be disclosed. R&F Properties responded that the matter has been reported to the group, but it has not yet received any related official notification and provided no additional response by the time of publication. The company's Hong Kong office said it was unaware of the situation. Sources familiar with the matter indicated that initial findings suggest the travel restrictions are linked to R&F Properties, though the exact reasons remain unclear. Analysis points to two possible factors: lawsuits filed by homeowners in Tianjin over delivery issues with some of the company's projects, and R&F Properties being subject to enforcement due to debt disputes.

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