Shanghai Stock Exchange warns Zhenro Properties unit over late disclosure of RMB 1.7 billion loan defaults

• Shanghai Stock Exchange issued a written warning on July 3, 2026 to Zhenro Properties Holdings over late disclosure of loan defaults.
• Defaults involved four indirectly wholly owned subsidiaries on construction loans totaling about RMB 1.7 billion in outstanding principal and interest.
• The warning cited breaches of the Shanghai Stock Exchange Corporate Bonds Listing Rules (Revised in 2023), including Rules 1.6 and 3.2.4.
• Zhenro Properties Holdings is an indirect wholly owned unit; executive director Jin Mingjie is its sole director.
• The board assessed no material adverse impact on group business or operations.

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. Zhenro Properties Group Ltd. 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-20260716-12246918), on July 16, 2026, and is solely responsible for the information contained therein.