CRTG says RMB 690 million secured debt converts to equity in Zhunxing restructuring

• CRTG reported RMB 0.69 billion of secured debt converted into equity in fiscal 2026 as part of Zhunxing’s debt restructuring.
• Remaining Zhunxing debts await agreement signings with relevant parties.
• Talks continued with other lenders, non-convertible bondholders on extending standstill letters or rescheduling repayments.
• Discussions to secure new financing for working capital and liquidity remained ongoing.

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. CRTG - China Resources and Transportation Group Limited 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-20260828-12305341), on August 28, 2026, and is solely responsible for the information contained therein.