Zensun Enterprises Reports Progress on Action Plans to Address Disclaimer of Opinion, Settles RMB383 Million with Contractors

Reuters

Sep 30

Zensun Enterprises Reports Progress on Action Plans to Address Disclaimer of Opinion, Settles RMB383 Million with Contractors

Zensun Enterprises Limited has provided a quarterly update regarding its action plans to address the disclaimer of opinion previously issued on its financial statements. The company reported ongoing negotiations with over 600 contractors to arrange repayment schedules and alternative settlement terms for outstanding construction fees. Between 1 July 2025 and 30 September 2025, Zensun Enterprises settled approximately RMB383.0 million with a number of contractors. The Board emphasized that additional time is needed to finalize agreements with the remaining contractors and confirmed its commitment to implementing measures to resolve uncertainties related to the company's going concern status. Further announcements will be made as appropriate.

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. Zensun Enterprises Limited published the original content used to generate this news brief on September 30, 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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Zensun Enterprises Limited has provided a quarterly update regarding its action plans to address the disclaimer of opinion previously issued on its financial statements. The company reported ongoing negotiations with over 600 contractors to arrange repayment schedules and alternative settlement terms for outstanding construction fees. Between 1 July 2025 and 30 September 2025, Zensun Enterprises settled approximately RMB383.0 million with a number of contractors. The Board emphasized that additional time is needed to finalize agreements with the remaining contractors and confirmed its commitment to implementing measures to resolve uncertainties related to the company's going concern status. Further announcements will be made as appropriate.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strive","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00185":"正商实业","BK1240":"房地产开发"},"translate_title":"正商企业报告解决不表示意见行动计划进展，与承包商和解人民币3.83亿元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00185":0.9},"content_text":"Zensun Enterprises Reports Progress on Action Plans to Address Disclaimer of Opinion, Settles RMB383 Million with Contractors\n    \n\n        Zensun Enterprises Limited has provided a quarterly update regarding its action plans to address the disclaimer of opinion previously issued on its financial statements. The company reported ongoing negotiations with over 600 contractors to arrange repayment schedules and alternative settlement terms for outstanding construction fees. Between 1 July 2025 and 30 September 2025, Zensun Enterprises settled approximately RMB383.0 million with a number of contractors. The Board emphasized that additional time is needed to finalize agreements with the remaining contractors and confirmed its commitment to implementing measures to resolve uncertainties related to the company's going concern status. Further announcements will be made as appropriate.\n      \n\nDisclaimer: 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. 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