• Zhuguang outlined a going-concern outlook, expecting sufficient working capital to meet obligations within 12 months from Dec. 31, 2025.
• Management cash-flow forecast covered at least 17 months from Dec. 31, 2025, underpinning the going-concern assumption.
• Auditor issued a disclaimer of opinion for FY2025 accounts, citing scope limits tied to the going-concern assessment.
• Lenders held more than HK$3 billion in outstanding loans; none had demanded immediate repayment as of the announcement date.
• From May 15 to July 31, 2026, property pre-sales and sales totaled about HK$84 million; collections of receivables reached about HK$50 million.

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. Zhuguang Holdings Group Company 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-20260814-12285245), on August 14, 2026, and is solely responsible for the information contained therein.