---
title: "Jiu Rong Secures Mediation Window and Repayment Extension in RMB49 Million Loan Dispute"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286423785.md"
description: "Jiu Rong Holdings Limited has announced a mediation agreement regarding a RMB49 million loan dispute with Bank of Communications. The case, involving its subsidiary Hangzhou LuYun Property Limited, has moved into mediation, extending the repayment deadline to 31 August 2026. The company believes this approach is beneficial for shareholders, delaying potential enforcement actions. A detailed update will follow once the mediation is finalized. Jiu Rong operates in the property sector in China and is exposed to refinancing risks in the market."
datetime: "2026-05-14T13:12:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286423785.md)
  - [en](https://longbridge.com/en/news/286423785.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286423785.md)
---

# Jiu Rong Secures Mediation Window and Repayment Extension in RMB49 Million Loan Dispute

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An announcement from Jiu Rong Holdings Limited ( (HK:2358) ) is now available.

Jiu Rong Holdings Limited has updated investors on a legal dispute involving a financial loan contract between its subsidiary Hangzhou LuYun Property Limited and Bank of Communications Co., Ltd. Hangzhou Gongshu Sub-branch, which centers on an overdue borrowing of RMB49 million plus accrued interest and penalties. The case, heard on 13 May 2026 at the Hangzhou Shangcheng District People’s Court, has now moved into mediation after both parties agreed, under the court’s direction, to pursue a mediated settlement.

The group’s management believes resolving the matter via mediation is in the best interests of the company and shareholders, as it creates a critical window to address the debt and extends the repayment deadline for the principal and related charges to 31 August 2026, delaying potential mandatory enforcement. The company plans to issue a detailed update once the mediation agreement is finalized and confirmed by the court, and it has cautioned shareholders and potential investors to exercise care when dealing in its shares while the outcome remains pending.

**More about Jiu Rong Holdings Limited**

Jiu Rong Holdings Limited is a Cayman Islands-incorporated company listed in Hong Kong, operating through subsidiaries that include property-related businesses such as Hangzhou LuYun Property Limited in mainland China. The group engages in financing and borrowing arrangements with mainland Chinese banks, exposing it to litigation and refinancing risks within the PRC property and financial markets.

**Average Trading Volume:** 28,241,607

**Technical Sentiment Signal:** Sell

**Current Market Cap:** HK$65.66M

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