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China 21st Century Education Group Updates on Resumption Progress Amid Trading Suspension

Story Highlights
  • China 21st Century Education Group is a leading private education provider in Hebei, China.
  • The company is addressing delays in financial reporting and investigating unauthorized guarantees.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China 21st Century Education Group Updates on Resumption Progress Amid Trading Suspension

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China 21st Century Education Group Limited ( (HK:1598) ) has shared an announcement.

China 21st Century Education Group Limited has announced a quarterly update on its resumption progress, despite a continued suspension of trading. The company is actively working to resolve issues related to the delayed publication of its 2024 Annual Results and Report due to monitoring measures by the Qiaoxi Sub-bureau. Additionally, the company is establishing an independent investigation committee to look into unauthorized guarantees and is appointing an internal control advisor to review its internal controls and procedures to ensure compliance with listing rules.

More about China 21st Century Education Group Limited

China 21st Century Education Group Limited is a leading private education service provider based in Hebei Province, China. The company primarily offers new vocational education, senior high school education, the New Gaokao, and preschool education.

Average Trading Volume: 345,000

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$123M

For a thorough assessment of 1598 stock, go to TipRanks’ Stock Analysis page.

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