Guangdong Adway's Bankruptcy Restructuring Accepted by Court, Trading Remains Suspended

Reuters
2025/08/01
Guangdong Adway's Bankruptcy Restructuring Accepted by Court, Trading Remains Suspended

Guangdong Adway Construction Group Holdings Co. Ltd. has announced that the Court has accepted its bankruptcy restructuring application once again, with the case number (2024) Yue 03 Po Shen 942. The company is working on adjusting and improving its restructuring plan according to the court's feedback. Trading of the company's shares has been suspended since July 16, 2025, and will remain so until further notice. The company is facing significant challenges, including liquidity constraints that have drastically reduced business operations, and uncertainties regarding its ability to continue as a going concern. Shareholders and potential investors are advised to exercise caution, and the company plans to provide further updates as the situation develops.

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. Guangdong Adway Construction Group Holdings Co. Ltd. published the original content used to generate this news brief on August 01, 2025, and is solely responsible for the information contained therein.

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