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Jianzhong Construction Development Provides Update on Trading Resumption Progress

Story Highlights
  • Jianzhong Construction is working to resume trading by addressing financial and audit issues.
  • The company expects to publish its financial results by July 2025, pending investigation completion.
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Jianzhong Construction Development Provides Update on Trading Resumption Progress

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An announcement from Jianzhong Construction Development Limited ( (HK:0589) ) is now available.

Jianzhong Construction Development Limited has announced a quarterly update on its progress towards resuming trading of its shares, which remains suspended. The company is addressing several issues, including the publication of outstanding financial results and resolving audit modifications, as part of the resumption guidance provided by the Stock Exchange. The company aims to complete its audit work and publish its 2023 and 2024 financial results by July 2025, contingent upon the completion of an ongoing investigation by April 2025. This update is crucial for shareholders and potential investors as it outlines the steps being taken to restore trading and ensure compliance with regulatory requirements.

More about Jianzhong Construction Development Limited

Jianzhong Construction Development Limited is a company incorporated in the Cayman Islands with limited liability, primarily engaged in the construction industry. The company and its subsidiaries focus on providing construction services, with a market presence highlighted by its listing on the Stock Exchange of Hong Kong Limited.

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$118.7M

For detailed information about 0589 stock, go to TipRanks’ Stock Analysis page.

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