China Shanghai-Based Zhenro Properties Group Founder Ou Zongrong Faces Legal Actions Due to Suspected Illegal Activities, Zhenro Properties Group Defaulted on Debt Payment in 2022 & Reported $16.9 Billion Liabilities in 2024 June, Zhenro Properties Group Founded in 1998 & IPO in Hong Kong in 2018, Current Market Value at $32 Million with Share Price -31% in Last 12 Months & -98% in Last 5 Years
21st January 2025 | Hong Kong
China Shanghai-based Zhenro Properties Group founder Ou Zongrong is facing legal actions due to suspected illegal activities. In 2022, Zhenro Properties Group defaulted on debt payment, and reported $16.9 billion liabilities in 2024 June. Zhenro Properties Group was founded in 1998 by Ou Zongrong, and IPO in Hong Kong in 2018. Zhenro Properties Group current market value is at $32 million, with share price -31% in the last 12 months & –98% in the last 5 years. Ou Zongrong, Founder of Zhenro Group – Mr. Ou founded Zhenro Group in 1998. He started his career in the construction industry where he gained insight and experience to establish and develop his property development business. Mr. Ou has over 21 years of experience in the property development and construction industries. Over the years, Mr. Ou has built up a professional management team for Zhenro Group’s property development and commercial property management businesses led by Mr. Huang Xianzhi. Mr. Ou remains a senior adviser of Zhenro Properties to provide strategic advice and lend his experience.
“ China Shanghai-Based Zhenro Properties Group Founder Ou Zongrong Faces Legal Actions Due to Suspected Illegal Activities, Zhenro Properties Group Defaulted on Debt Payment in 2022 & Reported $16.9 Billion Liabilities in 2024 June, Zhenro Properties Group Founded in 1998 & IPO in Hong Kong in 2018, Current Market Value at $32 Million with Share Price -31% in Last 12 Months & -98% in Last 5 Years “
China Shanghai-Based Zhenro Properties Group Founder Ou Zongrong Faces Legal Actions Due to Suspected Illegal Activities, Zhenro Properties Group Defaulted on Debt Payment in 2022 & Reported $16.9 Billion Liabilities in 2024 June, Zhenro Properties Group Founded in 1998 & IPO in Hong Kong in 2018, Current Market Value at $32 Million with Share Price -31% in Last 12 Months & -98% in Last 5 Years
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