China Aoyuan Group Limited (3883) Announces Receivers Appointment Over Subsidiary’s Properties

Bulletin Express
02/27

China Aoyuan Group Limited (the “Company”) disclosed that it received notices related to the appointment of receivers on January 23, 2026. The Company indicated the notices were dated January 22, 2026, and named two professionals from FTI Consulting (Hong Kong) Limited as joint and several receivers and managers (the “Receivers”) for assets under security created by a mortgage signed on July 4, 2018 in favor of Hang Seng Bank. The mortgage loans (the “Mortgage Loans”) were granted to an indirect wholly owned subsidiary of the Company (the “Subsidiary”) and guaranteed by the Company, with collateral on Kwai Chung Town Lot No. 46 and a 12-storey building on that lot.

The Company initiated discussions to delay the appointment of the Receivers, yet on February 27, 2026, it was informed the appointment would proceed. As of the date of the announcement, the outstanding principal stands at approximately HK$539.00 million, while accrued interest amounts to about HK$121.00 million.

The Company is assessing potential legal, financial, and operational implications of the situation and will closely monitor developments. Shareholders and potential investors are advised to exercise caution in dealing with the Company’s securities.

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