Xuhui Group Co., Ltd. announced that the company should repay part of “PR Xuhui 01” on May 29, 2024. The current bond is subject to a 2-month grace period clause. The market is still in a period of deep adjustment since 2024. The company's contract sales fell 52% year on year in January-April. The company's current financial situation is tight, and the capital required for this principal and interest payment has not been fully raised. The company will continue to raise funds during the grace period.
旭辉集团：应于5月29日偿还“PR旭辉01”部分本息，将在宽限期内继续筹措资金
Xuhui Group: Part of the principal and interest of “PR Xuhui 01” should be repaid on May 29, and will continue to raise funds during the grace period
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