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Dashan Education Holdings Limited ( (HK:9986) ) has issued an announcement.
Dashan Education Holdings has warned that it will miss the 31 March 2026 deadline to publish its audited results for the year ended 31 December 2025, as an independent forensic investigation into alleged discrepancies and overstatements in past bank balances has delayed the audit process. The company has also decided not to release unaudited management accounts to avoid confusing investors while the probe continues, meaning its 2025 annual report will not be sent by the 30 April deadline and trading in its shares will remain suspended in Hong Kong until further notice, even as management insists group operations remain normal.
The board said the forensic investigators’ preliminary findings may require additional audit procedures, and it is working with its auditors to complete the work and publish the 2025 results and annual report as soon as practicable. The prolonged trading halt, triggered by the regulator’s concerns over material irregularities in prior financial statements, heightens uncertainty for shareholders and potential investors as the company seeks to address governance and disclosure issues critical to restoring market confidence.
More about Dashan Education Holdings Limited
Dashan Education Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands that operates in the education sector. The group provides education-related services and maintains operations that it states are running normally despite current regulatory and audit issues affecting its financial reporting and share trading status.
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.43B
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