SUNRISE REAL ESTATE GROUP INC (SRRE) Sunrise Real Estate Group, Inc., along with its subsidiaries, specializes in real estate development and brokerage services within the People's Republic of China. Its service portfolio encompasses real estate marketing, property leasing, and property management. Additionally, the company is engaged in real estate investment ventures. Its operations further extend to entity investment, fund management, and financial services. Established in 1996, the firm's main office is located in Shanghai, China. The company rebranded to its current name in May 2006, having previously been known as Sunrise Real Estate Development Group, Inc.
Sector: Operators of Apartment Buildings
Industry: Real Estate - Development
Sunrise Real Estate Group, Inc. OTC:SRRE Real Estate · Real Estate - Development
All Press Release SEC Filings News
SEC Filing ● Major ⚠ 6
SRRE: 10-Q · periodic report
Sunrise Real Estate Group (SRRE) reported first-half 2026 net revenues of $1,042,332, down 90.9% from $11,430,478 a year earlier, as recognized house sales from the Huai'an project fell about 96%.
The China-focused developer swung to a first-half net loss of $7,378,777 (EPS -$0.09) versus a $510,071 loss in the prior-year period, driven by a $6.6 million other-loss from non-cash interest debt relief on the Linyi project and a $3.1 million unrealized loss on equity securities in the second quarter.
Cash ended June 30, 2026 at $14.4 million after $9.7 million of operating cash burn, and management asserts sufficient funds for the next twelve months while noting it may raise equity or debt. The company also disclosed an unremediated material weakness in U.S. GAAP expertise and concluded its disclosure controls were ineffective as of the period end.
SEC 10-Q • 2mo ago AI analysis › SEC Filing ● Major ⚠ 4
SRRE: NT 10-Q · late filing
Sunrise Real Estate Group filed an NT 10-Q (Form 12b-25) notifying the SEC that it could not timely file its Form 10-Q for the quarter ended June 30, 2026, stating it needs additional time to complete its financial statements and disclosures. The company expects to file within the extension period prescribed by Rule 12b-25.
The filing pre-announces severe deterioration: net revenues for the quarter were approximately $362,498 versus approximately $1.6 million a year earlier, and the company posted a net loss of approximately $3.9 million versus net income of approximately $1.7 million in the prior-year quarter.
The notification was signed by CEO Zhang, Jian on August 12, 2026. The combination of a late quarterly filing and a roughly 77% revenue decline with a swing to loss marks this Shanghai-based micro-cap as elevated risk until the actual 10-Q is filed.
SEC NT 10-Q • 2mo ago SEC Filing ⚠ 4
SRRE: 10-Q · periodic report
Sunrise Real Estate Group reported a 93% year-over-year revenue decline to $679,834 for the first quarter of 2026, driven by significantly lower house sales recognition from its Linyi and Huai'an development projects.
The company posted a net loss of $3.48 million, or $0.04 per share, though this was partially offset by a $4.31 million unrealized gain on equity securities. Cash and cash equivalents stood at $14.3 million, down from $16.8 million at the end of 2025.
Management disclosed a continuing material weakness in internal controls related to accounting personnel's limited knowledge of U.S. GAAP. The company also noted $15.7 million in unpaid dividends due from an unconsolidated affiliate, Shanghai Da Er Wei Trading Company Limited.
SEC 10-Q • 5mo ago AI analysis › SEC Filing ● Major ⚠ 4
SRRE: NT 10-Q · late filing
Sunrise Real Estate Group, Inc. filed a Form 12b-25 notification, admitting it cannot file its Q1 2026 10-Q on time due to the need for additional time to complete financial statements and disclosures.
The company disclosed a severe deterioration in its financial condition, with net revenues plummeting from $9.8 million in the prior year quarter to approximately $679,834 in Q1 2026.
Net losses widened significantly to $3.5 million in Q1 2026, up from $2.2 million in the same period last year, primarily attributed to the prolonged downturn in the People's Republic of China real estate industry.
SEC NT 10-Q • 5mo ago 
