Silver Grant International Faces Auditor's Disclaimer Over Financial Uncertainties in 2024 Report

Reuters

06/30

Silver Grant International Faces Auditor's Disclaimer Over Financial Uncertainties in 2024 Report

Silver Grant International Holdings Group Ltd. has announced a disclaimer of opinion on its consolidated financial statements for the year ended December 31, 2024, due to multiple uncertainties related to its going concern status. The company's auditor's disclaimer highlights concerns over the Group's ability to continue operations without interruption. In response, Silver Grant has devised plans and measures to manage its working capital and improve its financial position. Among these measures, the Group has secured an agreement in principle to refinance an existing loan of approximately RMB960 million, extending it to 2027 and reducing the interest rate by one-third. The company is in the process of executing the relevant documents and will continue to provide updates on its efforts to address the financial uncertainties.

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. Silver Grant International Holdings Group 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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The company's auditor's disclaimer highlights concerns over the Group's ability to continue operations without interruption. In response, Silver Grant has devised plans and measures to manage its working capital and improve its financial position. Among these measures, the Group has secured an agreement in principle to refinance an existing loan of approximately RMB960 million, extending it to 2027 and reducing the interest rate by one-third. The company is in the process of executing the relevant documents and will continue to provide updates on its efforts to address the financial uncertainties.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. Silver Grant International Holdings Group 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":"00171","symbol_name":"银建国际","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250630:nNDL99NZ8h:1","article_id":"2547509647","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2547509647","pubTimestamp":1751284259,"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":"Silver Grant International Holdings Group Ltd. has announced a disclaimer of opinion on its consolidated financial statements for the year ended December 31, 2024, due to multiple uncertainties related to its going concern status. 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Silver Grant International Holdings Group Ltd. published the original content used to generate this news brief on June 30, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}