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Wanwuyun (02602) entered into a series of debt settlement agreements involving about $662 million
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Zhitong Finance App News, Wanwuyun (02602) announced that on November 2, 2026, several subsidiaries and related parties of the Group entered into a series of debt settlement agreements with various sellers and debtors. According to this, each seller and debtor agreed to settle certain payables owed by each seller and/or debtor to certain subsidiaries of the Group by transferring properties or parking spaces to certain subsidiaries of the Group. The total cost of these debt settlement agreements is approximately RMB 662 million.

According to the announcement, settling the property to pay off the corresponding claims will help reduce the uncertainty of the recovery of the Group's receivables; furthermore, the liquidated property has the ability to operate continuously and generate cash flow, which helps maintain the liquidity of the Group's assets.


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