Longfor Group said it has reduced interest-bearing debt by nearly RMB60 billion from the second half of 2022 through the end of 2025, bringing the total to RMB152.8 billion.
In an exchange session at its annual general meeting, according to Ming Pao, management said the company has safely and smoothly passed its 2025 debt maturity peak and expects limited debt maturities each year starting in 2026.
Longfor said it has fully repaid RMB2.6 billion of onshore credit bonds this year, leaving RMB1.8 billion outstanding, including RMB1.0 billion due in August this year and RMB800 million due in January next year.
STOCKS | Longfor Says It Cut Interest-Bearing Debt by Nearly RMB60 Billion Since 2H 2022
2026-06-18 09:39:40
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