GOME Retail weighs holistic offshore debt restructuring as action plan stalls amid weak market conditions

• GOME Retail reported progress on deleveraging efforts tied to its auditor’s going-concern disclaimer in its FY2024 and FY2025 accounts.
• Debt-to-equity swaps completed March 23, 2026, issuing 21,618,533,333 shares to Shanghai Jinboding, 3,489,819,180 shares to China TaiYue Technology.
• Convertible bond talks continued with JD.com on closing steps; negotiations with Pinduoduo on US$ 200 million bonds remained unresolved.
• Chengdu property sale agreement signed; completion targeted for 2H 2026, with proceeds earmarked mainly for loan and project-fee repayment.
• Property in Quanzhou transferred May 19, 2026, to settle about RMB 54.02 million of debt owed to CETC Taili.

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. GOME Retail 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-20260730-12261629), on July 30, 2026, and is solely responsible for the information contained therein.