Landsea Green Management Limited (106) Announces Quarterly Resumption Update and Continued Trading Suspension

Bulletin Express
11/28

Landsea Green Management Limited (106) released an update addressing challenges related to its resumption plan and ongoing suspension of trading. According to the announcement, the company focuses on property development and sales, project management, and property leasing in the PRC and the United States, maintaining its strategy to differentiate green property products and diversify revenue.

From January to October 2025, accumulated contracted sales, including entrusted management projects, reached RMB5.4 billion. Management reports that current trading suspension has not caused any significant adverse impact on overall operations. To bolster its financial position, Landsea Green Management Limited is looking to manage liquidity through targeted initiatives such as sales and pre-sales adjustments, ensuring timely collections, coordinating with stakeholders on payment arrangements, and exploring potential asset disposals along with further operational cost controls.

The company remains proactive in formulating a viable plan and maintaining discussions with relevant parties to meet the resumption guidance. Trading in the shares of Landsea Green Management Limited (106) on the Hong Kong Stock Exchange remains suspended since 1 September 2025, pending further announcements regarding the company’s resumption progress.

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