Fantasia Holdings Group Co. Ltd., a company incorporated in the Cayman Islands, recently released a quarterly update regarding measures taken to address the disclaimer of opinion issued in their annual report for the year ended December 31, 2024. The company has been actively implementing strategies to resolve uncertainties related to their going concern status. These strategies include seeking suitable disposal opportunities for certain project companies, streamlining human resources to cut costs, and enhancing their property services and maintenance operations. The Board remains committed to addressing these financial reporting issues and will continue to provide timely updates. This announcement was made on July 4, 2025, by Chairman Cheng Jianli.
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