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Ling Yue Services clarifies RMB 244.93 million project advance under capital injection deal
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Ling Yue Services clarifies RMB 244.93 million project advance under capital injection deal
  • Ling Yue Services issued a supplemental clarification on its April 8, 2026 capital injection deal for a Chengdu residential project.
  • Clarified Xingsheng Huashang advances of about RMB 244.93 million as of March 1, 2026; Huichen Jingyue to prepay RMB 58.73 million.
  • Set 6% annual interest on advances; interest paid totaled RMB 1.44 million on April 15, 2026.
  • Disclosed downside protection: if notional project profit is negative, Xingsheng Huashang must cover Huichen Jingyue’s loss to protect principal.
  • Reiterated project is debt-free with no external financing; pre-sales began in June 2026, completion targeted in Q1 2028.


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. Ling Yue Services Group 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-20260814-12284316), on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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