Yunneng Group: Intends to conduct overseas debt restructuring.

date
14/11/2025
Announcement from Neng Group: The company has reached an agreement with several loan banks on the restructuring of overseas debts of approximately 2.077 billion Hong Kong dollars in total principal balance of the group. The main restructuring agreement was signed with the lenders on November 14, 2025. According to the agreement, the lenders have agreed to temporarily refrain from taking enforcement actions against the group members for certain existing breaches under the loan agreements for overseas debts, pending the fulfillment and/or waiver of certain conditions. Upon completion of the restructuring, it is expected that the group's overseas debts will be reduced and reclassified to a principal amount of approximately 1.38 billion Hong Kong dollars.