Jiayuan International Group (HK:2768) has released an update.
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Jiayuan International Group Limited, currently in liquidation, is struggling to make headway in its business operations and restructuring efforts due to severe financial constraints, including lack of funding and a flagging real estate market. The company has been unable to secure new investors, which is essential for meeting restructuring costs and advancing the process. With the 18-month deadline to meet the Stock Exchange’s Resumption Guidance looming, the likelihood of successful restructuring is uncertain without immediate financial support.
For further insights into HK:2768 stock, check out TipRanks’ Stock Analysis page.
