The Zhitong Finance App learned that the latest data from the Hong Kong Stock Exchange shows that on August 25, Jingye Mingbang Group (02231) changed positions and transferred a market value of HK$1.265,800, accounting for 5.49%. The company's shareholders transferred 27.237 million shares to China Merchants Bank and 59.5 million shares from Agricultural Bank International Securities.

Jingye Mingbang Group announced that for the six months ended June 30, 2026, the total contract sales of the Group (including its joint ventures and associated companies) was approximately RMB 34.95 million. As of June 30, 2026, the total principal amount of the Group's bank and other loans was approximately RMB 3.119 billion. Of these, loans with a total principal amount of approximately RMB 2,952 billion were deemed to be in default. If requested by the lender concerned, the relevant loans must be immediately repaid.

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