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Further Delays in Annual Results Impact Yangzhou Taihe Micro-finance

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Further Delays in Annual Results Impact Yangzhou Taihe Micro-finance

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Yangzhou Guangling District Taihe Rural Micro-finance Company Limited Class H ( (HK:1915) ) has shared an update.

Yangzhou Guangling District Taihe Rural Micro-finance Company Limited has announced a further delay in the publication of its 2024 Annual Results and the dispatch of the Annual Report. This delay is due to ongoing audit procedures concerning the recoverability of certain loans and accounts receivable, as well as unauthorized guarantees provided by the Group. Consequently, the Board meeting scheduled to approve these results has been postponed, and trading in the company’s shares remains suspended. This situation highlights potential operational challenges and uncertainties for stakeholders.

More about Yangzhou Guangling District Taihe Rural Micro-finance Company Limited Class H

Yangzhou Guangling District Taihe Rural Micro-finance Company Limited is a joint stock limited liability company incorporated in the People’s Republic of China. The company operates in the micro-finance industry, focusing on providing financial services and products to rural areas, with a market emphasis on supporting local businesses and communities.

Average Trading Volume: 798,714

Technical Sentiment Signal: Sell

Current Market Cap: HK$159M

See more insights into 1915 stock on TipRanks’ Stock Analysis page.

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