China Qidian Guofeng Issues Shares to Settle RMB5 Million Debt

Reuters

Jan 06

China <a href="https://laohu8.com/S/01280">Qidian Guofeng</a> Issues Shares to Settle RMB5 Million Debt

China Qidian Guofeng Holdings Ltd. has announced an agreement to settle an outstanding debt of RMB 5,057,000 owed to its shareholder, China Ruike Investment & Development Co., Ltd. The company will issue 1,975,000 new shares to China Ruike in full and final settlement of the interest-free advance that has been outstanding since 2017. The transaction, subject to certain conditions, will eliminate the liability without immediate cash outflow and is expected to strengthen the company’s balance sheet.

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. China Qidian Guofeng Holdings 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-20260106-11982233), on January 06, 2026, and is solely responsible for the information contained therein.

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The company will issue 1,975,000 new shares to China Ruike in full and final settlement of the interest-free advance that has been outstanding since 2017. The transaction, subject to certain conditions, will eliminate the liability without immediate cash outflow and is expected to strengthen the company’s balance sheet.\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. 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. China Qidian Guofeng Holdings 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. 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