REDCO HEALTHY (02370) Enters Debt Settlement Framework Agreement with REDCO Properties

Stock News
01/16

REDCO HEALTHY (02370) announced that on January 16, 2026 (after trading hours), the company (acting on behalf of the Group member companies) entered into a debt settlement framework agreement with REDCO Properties (acting on behalf of the REDCO Group member companies). According to the agreement, the contracting parties conditionally agreed that the REDCO Group will utilize assets, instead of cash refunds, to fully offset the outstanding refundable deposit of approximately RMB 68 million and the maximum total amount of uncollected service fees receivable of approximately RMB 159 million.

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