R&F Properties Faces RMB1.92 Billion Loan Execution and Court-Imposed Consumption Restrictions on Key Subsidiaries

Bulletin Express

Jul 22

Guangzhou R&F Properties Co., Ltd. (“R&F Properties”) disclosed two significant litigation updates on 22 July 2026:

1. Loan execution of RMB1.92 billion • Case: Financial loan contract dispute involving Hainan R&F Ocean World Development Co., Ltd. and R&F Properties as co-defendants. • Progress: The Hainan No. 1 Intermediate People’s Court filed the case for execution on 20 July 2026 under case number (2026) Qiong 96 Zhi No. 622. • Amount: Subject matter totals RMB1.92 billion.

2. Consumption restriction orders on subsidiaries and parent company • Case: Financial loan contract dispute with Foshan R&F Properties Development Co., Ltd., Guangdong Xintianhong Properties Development Co., Ltd., and R&F Properties as co-defendants. • Progress: Nanhai District People’s Court of Foshan City issued consumption restriction orders against the two subsidiaries, R&F Properties, and their legal representatives, barring non-essential high-value spending.

R&F Properties stated that it is actively engaging with relevant institutions to pursue appropriate resolutions and will continue to disclose developments in accordance with regulatory requirements. Investors are advised to monitor further announcements for updates on these proceedings.

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(“R&F Properties”) disclosed two significant litigation updates on 22 July 2026:</p>\n<p>1. Loan execution of RMB1.92 billion  \n   • Case: Financial loan contract dispute involving Hainan R&F Ocean World Development Co., Ltd. and R&F Properties as co-defendants.  \n   • Progress: The Hainan No. 1 Intermediate People’s Court filed the case for execution on 20 July 2026 under case number (2026) Qiong 96 Zhi No. 622.  \n   • Amount: Subject matter totals RMB1.92 billion.</p>\n<p>2. Consumption restriction orders on subsidiaries and parent company  \n   • Case: Financial loan contract dispute with Foshan R&F Properties Development Co., Ltd., Guangdong Xintianhong Properties Development Co., Ltd., and R&F Properties as co-defendants.  \n   • Progress: Nanhai District People’s Court of Foshan City issued consumption restriction orders against the two subsidiaries, R&F Properties, and their legal representatives, barring non-essential high-value spending.</p>\n<p>R&F Properties stated that it is actively engaging with relevant institutions to pursue appropriate resolutions and will continue to disclose developments in accordance with regulatory requirements. 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(“R&F Properties”) disclosed two significant litigation updates on 22 July 2026:</p>\n<p>1. Loan execution of RMB1.92 billion  \n   • Case: Financial loan contract dispute involving Hainan R&F Ocean World Development Co., Ltd. and R&F Properties as co-defendants.  \n   • Progress: The Hainan No. 1 Intermediate People’s Court filed the case for execution on 20 July 2026 under case number (2026) Qiong 96 Zhi No. 622.  \n   • Amount: Subject matter totals RMB1.92 billion.</p>\n<p>2. 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Investors are advised to monitor further announcements for updates on these proceedings.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02777","symbol_name":"富力地产","start_time":0,"source_url":"","article_id":"1144417076","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1144417076","pubTimestamp":1784730317,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"Guangzhou R&F Properties Co., Ltd. (“R&F Properties”) disclosed two significant litigation updates on 22 July 2026: 1. Loan execution of RMB1.92 billion      • Case: Financial loan contract dispute...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02777":"富力地产"},"translate_title":"富力地产面临人民币19.2亿元的贷款执行和法院对主要子公司实施的消费限制","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02777":1},"content_text":"Guangzhou R&F Properties Co., Ltd. (“R&F Properties”) disclosed two significant litigation updates on 22 July 2026:\n1. Loan execution of RMB1.92 billion  \n   • Case: Financial loan contract dispute involving Hainan R&F Ocean World Development Co., Ltd. and R&F Properties as co-defendants.  \n   • Progress: The Hainan No. 1 Intermediate People’s Court filed the case for execution on 20 July 2026 under case number (2026) Qiong 96 Zhi No. 622.  \n   • Amount: Subject matter totals RMB1.92 billion.\n2. Consumption restriction orders on subsidiaries and parent company  \n   • Case: Financial loan contract dispute with Foshan R&F Properties Development Co., Ltd., Guangdong Xintianhong Properties Development Co., Ltd., and R&F Properties as co-defendants.  \n   • Progress: Nanhai District People’s Court of Foshan City issued consumption restriction orders against the two subsidiaries, R&F Properties, and their legal representatives, barring non-essential high-value spending.\nR&F Properties stated that it is actively engaging with relevant institutions to pursue appropriate resolutions and will continue to disclose developments in accordance with regulatory requirements. 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