FilingReader Intelligence
Jinggu Forestry warns of massive losses amid operations halt
August 20, 2025 at 05:20 AM UTC•By FilingReader AI
Yunnan Jinggu Forestry projects net losses of RMB105-130 million for the first half of 2025 after key subsidiary Huiyin Timber ceased operations due to litigation and asset freezes.
The company also identified an inventory shortfall of approximately RMB19 million at the subsidiary, adding to financial pressures.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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