Shandong Hongri Faces Land Use Rights Auction Amid Legal Dispute

Reuters02-02
Shandong Hongri Faces Land Use Rights Auction Amid Legal Dispute

Century Sunshine Group Holdings Limited provided an update regarding its subsidiary, Shandong Hongri. The company reported on follow-up actions related to an administrative ruling and the ongoing auction of the land use rights of Shandong Hongri by the Luozhuang Court in Linyi City. The company has stated it will continue to seek legal advice and take all feasible measures to safeguard the legitimate rights and interests of Shandong Hongri, its shareholders, and offshore creditors.

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. Century Sunshine Group Holdings Limited 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-20260202-12007033), on February 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment