China Aerospace Wanyuan (01185.HK) issued an announcement. The finance department of the Rocket Academy informed the company that due to the company's business improvements and new business development plans falling short of expectations, the conditions for extending the debt grace period are not yet in place. As a result, there is significant uncertainty as to whether the application for an extension of the debt grace period will be approved.
中国航天万源(01185.HK)：火箭院对公司营运的支持及批准债务宽限期延长申请存在重大挑战及风险
China Aerospace Wanyuan (01185.HK): Rocket Academy's support for the company's operations and approval of debt grace period extension applications present major challenges and risks
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