China Zenith Chemical Admits Compliance Breach
Company Announcements

China Zenith Chemical Admits Compliance Breach

Xinyang Maojian Group (HK:0362) has released an update.

China Zenith Chemical Group Limited acknowledges a breach in compliance due to a delayed announcement regarding a major transaction, blaming the oversight on miscommunication and preoccupation with annual results. The company has put measures in place to prevent future lapses, including internal memos, staff training, and legal adviser consultation to ensure timely disclosures in accordance with Listing Rules.

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