• Scorching Dragon flagged an auditor disclaimer of opinion on its FY2025 consolidated financial statements, citing material going-concern uncertainty.
• Current liabilities exceeded current assets by HK$155.33 million; net liabilities totaled HK$130.74 million as of Dec. 31, 2025.
• Current interest-bearing borrowings were HK$84.18 million; cash and cash equivalents were HK$3.74 million at year-end.
• Management outlined measures to address the issue, including planned equity fundraising, creditor repayment extensions, business expansion, and cost cuts.

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. Scorching Dragon Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260717-12248566), on July 17, 2026, and is solely responsible for the information contained therein.