Ganglong China Property Group Engages Contractors to Resolve Outstanding Construction Fees

Reuters
Jan 02
<a href="https://laohu8.com/S/06968">Ganglong China</a> Property Group Engages Contractors to Resolve Outstanding Construction Fees

Ganglong China Property Group Ltd. has provided a quarterly update regarding its ongoing actions to address the disclaimer of opinion issued in its financial statements. As of 31 December 2025, the Group reported a total of 255 employees, a decrease from 299 employees as of 31 December 2024, following a streamlining of its human resource structure. The company also stated that, following its 8 August 2025 announcement, it continues to engage in discussions with more than 20 key contractors to finalize repayment schedules or settlement arrangements for outstanding construction fees, with additional time expected to conclude these negotiations. The Board affirmed its commitment to implementing measures to resolve uncertainties related to the group's going concern status and will provide further updates as appropriate.

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