Xinyuan Property Management Service (Cayman) Ltd. 鑫苑物業服務集團有限公司

Sanction of Xinyuan Property Management (1895) and 4 directors
SEHK, 5-Dec-2022
The Exchange is having trouble keeping up with this company: the directors involved in these transactions to prop up the controlling shareholder have left the board, but another announcement on 15-Nov-2022 revealed yet more problems - a bunch of time deposits pledged to support bank loans to the controlling shareholder, and the stock, which was only listed in Oct-2019, is suspended again.
Xinyuan Property Management (1895): CNY402m time deposits were pledged to secure loans for controlling shareholder
Company announcement, 15-Nov-2022

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