Court Resumes Auction of Chinlink Subsidiary’s Assets to Repay Bank Loan

• A Chinese court resumed a judicial auction of property owned by Chinlink International Holdings’ wholly owned subsidiary to enforce an outstanding bank loan.
• Bidding runs from December 4 to December 5, 2026, subject to extension, with a starting price of approximately RMB 396 million.
• Outstanding loan principal and accrued interest totaled approximately RMB 142 million as of September 30, 2026.
• The collateral’s book value was approximately RMB 562 million, representing 20.8% of group assets as of March 31, 2026.
• The bank sought resumption because debt restructuring negotiations had not produced agreement on key terms or a binding written agreement.

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. Chinlink International Holdings 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-20261109-12406189), on November 09, 2026, and is solely responsible for the information contained therein.