Founder Holdings Limited has announced an update regarding its previously impaired loans to Peking University Founder Group Company Limited. The company had made provisions for impairment of defaulted loans totaling approximately RMB382 million in 2019. In recent years, settlements of these loans have allowed Founder Holdings Limited to reverse impairment provisions, including RMB121 million in 2022, RMB8.9 million in 2024, and an additional RMB7.4 million in November 2025. The company stated it will continue to monitor the situation and comply with relevant disclosure requirements. Shareholders and investors are advised to exercise caution when dealing in the company's securities.
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. Founder Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251128-11931894), on November 28, 2025, and is solely responsible for the information contained therein.