Desun Real Estate Cancels RMB23.2 Million Debt Settlement with Chengdu Yulai

Reuters

Dec 24, 2025

Desun Real Estate Cancels RMB23.2 Million Debt Settlement with Chengdu Yulai

Desun Real Estate Investment Services Group Co. Ltd. has announced the termination of a debt settlement agreement with Chengdu Yulai. Previously, Chengdu Desun, a wholly owned subsidiary of the company, had agreed to acquire settlement properties from Chengdu Yulai for RMB23,225,000, an amount set to offset receivables of RMB23,224,987.20 assigned to Chengdu Yulai. Following the new termination agreement, the original debt settlement arrangement has been cancelled, and Chengdu Yulai is required to repay the receivables in full to Chengdu Desun. The company stated that the terms of the termination agreement were reached through arm's length negotiations and are considered fair and reasonable.

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. Desun Real Estate Investment Services Group Co. Ltd. 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-20251224-11967298), on December 24, 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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Ltd. has announced the termination of a debt settlement agreement with Chengdu Yulai. Previously, Chengdu Desun, a wholly owned subsidiary of the company, had agreed to acquire settlement properties from Chengdu Yulai for RMB23,225,000, an amount set to offset receivables of RMB23,224,987.20 assigned to Chengdu Yulai. Following the new termination agreement, the original debt settlement arrangement has been cancelled, and Chengdu Yulai is required to repay the receivables in full to Chengdu Desun. The company stated that the terms of the termination agreement were reached through arm's length negotiations and are considered fair and reasonable.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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ID: HKEX-EPS-20251224-11967298), on December 24, 2025, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1229","symbol_name":"房地产经营公司","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251224:nNDL9G6ytF:1","article_id":"2593947127","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2593947127","pubTimestamp":1766577589,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Desun Real Estate Investment Services Group Co. 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Following the new termination agreement, the original debt settlement arrangement has been cancelled, and Chengdu Yulai is required to repay the receivables in full to Chengdu Desun. The company stated that the terms of the termination agreement were reached through arm's length negotiations and are considered fair and reasonable.\n      \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. Desun Real Estate Investment Services Group Co. Ltd. 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-20251224-11967298), on December 24, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}