China Yurun Food Group Updates on Financial Resolution Efforts
China Yurun Food Group (HK:1068) has announced its ongoing efforts to address an auditor's disclaimer of opinion on its financial statements for the year ending December 31, 2024. The company is negotiating with a bank regarding overdue borrowings of approximately RMB318 million, but no resolution has been reached yet. The board is committed to a work plan to resolve these financial issues and will keep shareholders updated on progress. Yurun Food Group is engaged in the food industry, focusing on meat processing and distribution, and is listed on the Hong Kong Stock Exchange.
China Yurun Food Group ( (HK:1068) ) has shared an announcement.
China Yurun Food Group Limited has provided an update on its efforts to address the auditor’s disclaimer of opinion on its financial statements for the year ended December 31, 2024. The company is actively negotiating with a bank to resolve overdue borrowings amounting to approximately RMB318 million. Despite ongoing discussions, no resolution has been reached yet. The board remains committed to implementing a work plan to resolve these financial uncertainties and will continue to update shareholders and investors on the progress.
More about China Yurun Food Group
China Yurun Food Group Limited is a company incorporated in Bermuda, primarily engaged in the food industry with a focus on meat processing and distribution. The company operates through its subsidiaries and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 932,458
Current Market Cap: HK$251.5M
