Sunac Services (01516) and several affiliated companies have entered into a series of debt repayment agreements with certain companies of the Sunac Group, involving approximately 26.26 million yuan.
Sunac Services (01516) announced that on January 19, 2026, the company and several subsidiary companies of Sunac Group entered into a series of debt repayment agreements, according to which, Sunac Group will transfer a number of parking spaces or properties to the group to settle an equivalent amount owed by Sunac Group but not paid to the group. The total consideration for the debt repayment agreement is approximately RMB 26,261.4 million.
SUNAC SERVICES (01516) announced that on January 19, 2026, several of its subsidiaries entered into a series of debt repayment agreements with certain companies of Sunac Group. According to this agreement, Sunac Group will transfer a number of parking spaces or properties to the group to settle the equivalent amount payable by Sunac Group but not yet paid by the group. The total consideration for this debt repayment agreement is approximately RMB 26,261,400.
The announcement stated that entering into this debt repayment agreement with Sunac Group will allow the group to recover some of the receivables due from Sunac Group, which will help mitigate the risk of accounts receivable for the group. It will not have any adverse impact on the group's cash flow and liquidity. The group carefully selected properties with marketability and will leverage the market information resources accumulated in the managed projects to accelerate the sale of the target properties.
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