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CHINA HUAJUN GP: ANNUAL REPORT 2024
CHINA HUAJUN GP (00377): Arranged a plan to obtain approval from the High Court.
CHINA HUAJUN GP (00377) has announced that the plan was approved by the High Court on April 3, 2025, ...
CHINA HUAJUN GP (00377.HK) reported an annual loss attributable to Shareholders of approximately 1.263 billion yuan.
On March 31, GLONGHUI reported that CHINA HUAJUN GP (00377.HK) announced that for the year ending December 31, 2024, the company's revenue is approximately RMB 1,154.9 million, a decrease of about 59.4% year-on-year. The overall decrease in revenue is attributed to a reduction in income from the property development and investment division. The group recorded a loss attributable to Shareholders of approximately RMB 1,263.4 million, compared to a loss of approximately RMB 2,679.4 million in the previous year.
CHINA HUAJUN GP: ANNOUNCEMENT OF ANNUAL RESULTSFOR THE YEAR ENDED 31 DECEMBER 2024
CHINA HUAJUN GP (00377.HK) intends to resolve the plan claims by issuing the corresponding number of planned shares to each of the scheduled creditors.
On February 10, according to Gelonghui, CHINA HUAJUN GP (00377.HK) announced that after proposing the petition for liquidation, the Board of Directors, after careful consideration, believes that the most effective way to restore the company's financial condition and maximize compensation to creditors is to arrange a plan to restructure the CSI Enterprise bond Index in exchange for the release and waiver of their respective claims against the company. The High Court has approved the company to hold a plan meeting to review the arrangement plan on December 24, 2024. According to the arrangement plan, within twelve (12) months from the effective date of the restructuring, including through various means, the company intends to...
CHINA HUAJUN GP (00377.HK) will hold a planning meeting on the 25th of next month.
CHINA HUAJUN GP (00377.HK) announced that it will hold a plan meeting in Hong Kong on February 25 to consider and, at its discretion, approve the proposed arrangement plan between the company and the planned creditors. The High Court hearing for the approval of the arrangement plan is scheduled for April 3.