JY Grandmark says RMB 2.95 billion of RMB 3.12 billion borrowings are in default as of June 30, 2026

Banzai International, Inc. Class A

Banzai International, Inc. Class A

BNZI

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  • JY Grandmark posted RMB 3.12 billion in bank and other borrowings as of June 30, 2026; RMB 2.95 billion, or about 94.65%, was in default.
  • Contracted sales for the six months ended June 30, 2026 totaled RMB 34.95 million, including joint ventures and associates.
  • Involved in 252 litigation cases as of June 30, 2026; disputed amount RMB 2.28 billion, including RMB 858.09 million tied to borrowings.
  • One borrowing-related case had a final judgment of RMB 56.68 million; 197 other cases had final judgments totaling RMB 300.77 million.
  • Enforcement proceedings started in 105 cases; aggregate amount RMB 183.65 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JY Grandmark Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260720-12250075), on July 20, 2026, and is solely responsible for the information contained therein.

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