Sunshine 100 China Holdings Ltd. provided a quarterly update regarding its ongoing efforts to address the disclaimer of opinion issued by its auditors for the year ended 31 December 2024. As disclosed, the auditors expressed concerns related to the company's going concern status. In response, the company has implemented several measures. As of 30 September 2025, the Group has successfully extended interest-bearing borrowings totaling approximately RMB417.9 million for periods ranging from one to three years. The company is also actively negotiating its offshore debts and will provide further updates when appropriate. Negotiations related to other financial matters remain ongoing. Additionally, Sunshine 100 China Holdings Ltd. reported that it has signed new contracts for the pre-sale and sale of its properties under development and completed properties held for sale, amounting to approximately RMB389.3 million. Shareholders and potential investors are advised to exercise caution when dealing in the company's securities.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sunshine 100 China Holdings Ltd. published the original content used to generate this news brief on September 30, 2025, and is solely responsible for the information contained therein.
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