LVGEM (China) Real Estate Advances Restructuring Efforts with Positive Bank Feedback and Creditor Support Agreements

Reuters

2025/06/30

LVGEM (China) Real Estate Advances Restructuring Efforts with Positive Bank Feedback and Creditor Support Agreements

LVGEM (China) Real Estate Investment Company Limited has been actively addressing the disclaimer of opinion related to its financial statements for the year ended December 31, 2024, concerning its going concern status. The company is negotiating with banks to extend banking facilities and improve liquidity, having received positive feedback from some institutions. Additionally, LVGEM is in discussions with creditors for debt restructuring and has secured a support agreement with one creditor, while others are considering similar agreements. The company is also promoting bulk sales of properties to enhance capital recovery. These efforts are part of LVGEM's broader strategy to resolve its financial challenges. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares.

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. LVGEM (China) Real Estate Investment Company Limited 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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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. LVGEM (China) Real Estate Investment Company Limited 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":"00095","symbol_name":"绿景中国地产","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250630:nNDL4Mg1MW:1","article_id":"2547674680","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2547674680","pubTimestamp":1751277376,"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":"LVGEM  Real Estate Investment Company Limited has been actively addressing the disclaimer of opinion related to its financial statements for the year ended December 31, 2024, concerning its going concern status. 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LVGEM (China) Real Estate Investment Company Limited 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":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}