REDCO HEALTHY (02370) and Likang Real Estate have entered into a debt repayment framework agreement.
Lifoto Health Living (02370) announced that on January 16, 2026 (after trading hours), the company (representing group member companies) entered into a debt repayment framework agreement with Lifoto Real Estate (representing Lifoto Group member companies). According to this agreement, the contracting parties conditionally agree that Lifoto Group will use assets instead of cash to offset the entire amount of the unpaid refundable deposit of approximately RMB 68 million and the total amount of uncollected service fees of up to approximately RMB 159 million.
REDCO HEALTHY (02370) announced that on January 16, 2026 (after trading hours), the company (representing group member companies) entered into a debt repayment framework agreement with Ligo Real Estate (representing REDCO GROUP member companies). As per the agreement, the contracting parties conditionally agreed that REDCO GROUP would utilize assets instead of cash to fully offset the outstanding refundable guarantees of approximately RMB 68 million and the total amount of unpaid service fees of up to approximately RMB 159 million.
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