Zhenro Properties Group Reports No Significant Progress on Debt Restructuring Plan

Reuters11-28
Zhenro Properties Group Reports No Significant Progress on Debt Restructuring Plan

Zhenro Properties Group Ltd. announced that it is continuing to explore options for a revised Restructuring Plan to address its ongoing liquidity issues amid a weak property market and constrained cash flow. The plan involves both onshore and offshore debt restructuring, and management is in negotiations with certain creditors. However, the company stated that no significant progress has been made on the Restructuring Plan and additional time is required to formulate a concrete proposal reflecting current market conditions. Shareholders and potential investors are advised to exercise caution and seek professional advice. Further updates will be provided as material developments arise.

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. Zhenro Properties Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251128-11932456), on November 28, 2025, and is solely responsible for the information contained therein.
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