TripVivid·· 2026-08-03
*ST Lingnan to review new convertible bond repayment plan
*ST岭南审议新增偿付安排 - 执惠
AI Overview
*ST Lingnan announced it will hold a meeting of 'Lingnan Convertible Bond' holders on August 3 to review a proposal for an additional repayment plan. If the proposal is not approved, it will not affect the fourth phase of repayment. The company warned of risks including failure to repay the convertible bonds on time, going concern issues, and stock delisting. In 2025, the company's revenue was 112 million yuan, down 86.99% year-on-year; net loss was 2.336 billion yuan.
Source:TripVivid · tripvivid.com