China South City Holdings Ltd. Addresses 2024 Disclaimer Opinion with Strategic Measures to Improve Liquidity

Reuters

06-30

China South City Holdings Ltd. Addresses 2024 Disclaimer Opinion with Strategic Measures to Improve Liquidity

China South City Holdings Ltd. has announced updates concerning a disclaimer of opinion from their auditors in the annual report for the year ended December 31, 2024. The auditors were unable to form an opinion on the company's financial statements, prompting the company to implement several measures to address the underlying issues. These measures include restructuring debts with banks, optimizing operational strategies, and reducing costs. Additionally, the company is addressing a winding-up petition filed by Citicorp International Limited. The board is committed to resolving these issues and will provide further updates as necessary.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China South City Holdings Ltd. published the original content used to generate this news brief on June 30, 2025, and is solely responsible for the information contained therein.

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Addresses 2024 Disclaimer Opinion with Strategic Measures to Improve Liquidity","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      China South City Holdings Ltd. Addresses 2024 Disclaimer Opinion with Strategic Measures to Improve Liquidity\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        China South City Holdings Ltd. has announced updates concerning a disclaimer of opinion from their auditors in the annual report for the year ended December 31, 2024. The auditors were unable to form an opinion on the company's financial statements, prompting the company to implement several measures to address the underlying issues. These measures include restructuring debts with banks, optimizing operational strategies, and reducing costs. 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Addresses 2024 Disclaimer Opinion with Strategic Measures to Improve Liquidity\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-30 20:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      China South City Holdings Ltd. Addresses 2024 Disclaimer Opinion with Strategic Measures to Improve Liquidity\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        China South City Holdings Ltd. has announced updates concerning a disclaimer of opinion from their auditors in the annual report for the year ended December 31, 2024. The auditors were unable to form an opinion on the company's financial statements, prompting the company to implement several measures to address the underlying issues. These measures include restructuring debts with banks, optimizing operational strategies, and reducing costs. Additionally, the company is addressing a winding-up petition filed by Citicorp International Limited. 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China South City Holdings Ltd. published the original content used to generate this news brief on June 30, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1668664300.SGD","symbol_name":"Blackrock World Financials A2 SGD-H","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250630:nNDL660PM2:1","article_id":"2547109119","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2547109119","pubTimestamp":1751286983,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"China South City Holdings Ltd. has announced updates concerning a disclaimer of opinion from their auditors in the annual report for the year ended December 31, 2024. 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Addresses 2024 Disclaimer Opinion with Strategic Measures to Improve Liquidity\n    \n\n        China South City Holdings Ltd. has announced updates concerning a disclaimer of opinion from their auditors in the annual report for the year ended December 31, 2024. The auditors were unable to form an opinion on the company's financial statements, prompting the company to implement several measures to address the underlying issues. These measures include restructuring debts with banks, optimizing operational strategies, and reducing costs. Additionally, the company is addressing a winding-up petition filed by Citicorp International Limited. The board is committed to resolving these issues and will provide further updates as necessary.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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