Kaisun Holdings Ltd. has announced a series of measures aimed at improving its financial condition and operational performance, following a disclaimer of opinion on going concern in its 2024 annual report. The company is taking steps to streamline its structure, including the closure or deregistration of certain offshore subsidiaries with no substantive operations to reduce financial burdens and save on administrative costs. Kaisun Holdings stated it will maintain its focus on the core coal business while continuing to control costs, with the Board expressing confidence that these actions will strengthen the group’s financial foundation and long-term prospects.

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