E-HOUSE ENT (02048) Actively and Continuously Addressing Going Concern Issues

Stock News
Oct 02

E-HOUSE ENT (02048) announced that from July 1, 2025 to September 30, 2025: (i) the Group disposed of 33 assets with total proceeds of approximately RMB 11.7 million; (ii) the Group repaid bank loans of approximately RMB 24.5 million; and (iii) the Group continued to reduce its workforce from 1,579 employees to 1,483 employees. The company is actively and continuously addressing going concern issues and believes that effective cost control and the ultimate success of debt restructuring will improve the Group's financial position and provide liquidity and cash flow to enable the Group to maintain its going concern status.

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