A-Living Smart City Services Discloses Expected Credit Losses on Trade and Other Receivables

**A-Living Smart City Services Co. Ltd. Discloses Expected Credit Losses on Receivables** 29 September 2025 - A-Living Smart City Services Co. Ltd. (HKEX: 3319) has issued an announcement providing further information on the expected credit loss related to its trade receivables and other receivables. The company highlighted ongoing efforts to recover outstanding amounts, particularly from Agile Group, including the transfer of equity interests in subsidiaries and property assets as partial settlement. A-Living has also reduced the scale of continuing connected transactions with Agile Group since 2023 and has delayed new transactions since 2024. Additionally, the company has initiated court proceedings to recover part of the overdue receivables. A notable agreement was reached in July 2024 with PRC government authorities and Agile Group to settle certain property management fees and taxes, although this did not directly resolve receivables due from Agile Group. Some of A-Living's outstanding receivables are now secured by properties owned by Agile Group, with rights to enforce the security in case of default. Shareholders and potential investors have been advised to exercise caution in dealing with the company's shares.

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. A-Living Smart City Services Co. Ltd. published the original content used to generate this news brief on September 29, 2025, and is solely responsible for the information contained therein.