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An announcement from China Huarong Energy Company Limited ( (HK:1101) ) is now available.
China Huarong Energy Company Limited has announced updates on its efforts to resume trading and publish its delayed 2024 Annual Results. The delays were primarily due to late audit commencements caused by foreign exchange controls affecting fee settlements. The company is actively working with auditors to complete outstanding audit procedures, including reviewing valuation reports and obtaining external confirmations. The company aims to publish the results by August 25, 2025, contingent upon resolving fee payments. Additionally, the company is addressing compliance issues with its board composition following a director’s resignation.
More about China Huarong Energy Company Limited
China Huarong Energy Company Limited operates in the energy sector, focusing on oil operations and oil storage businesses, with a market presence in China and Kyrgyzstan.
YTD Price Performance: -37.50%
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$235.5M
For detailed information about 1101 stock, go to TipRanks’ Stock Analysis page.