Greater Bay Area Dynamic Growth Holding Limited Issues Clarification Over Guangzhou Rosedale Hotel Asset Handling

Reuters

Sep 26, 2025

Greater Bay Area Dynamic Growth Holding Limited Issues Clarification Over Guangzhou Rosedale Hotel Asset Handling

Greater Bay Area Dynamic Growth Holding Limited has issued a clarification regarding errors in a recent company announcement related to irregularities at Guangzhou Rosedale. The company addressed inaccuracies in the Chinese version of its previous disclosure, correcting references to the actions of a minority shareholder who holds 1% equity in Guangzhou Rosedale Hotel. The statement now clarifies that this shareholder unlawfully took over all management rights, established an unauthorized management committee, and improperly handled hotel assets. The company confirmed that the relevant information in the English version was accurate and that other details in both language versions remain unchanged.

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. Greater Bay Area Dynamic Growth Holding Limited published the original content used to generate this news brief on September 26, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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