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Jilin Jiutai Bank Delays Annual Results Amid Trading Suspension

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Jilin Jiutai Bank Delays Annual Results Amid Trading Suspension

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The latest update is out from Jilin Jiutai Rural Commercial Bank Corporation Limited Class H ( (HK:6122) ).

Jilin Jiutai Rural Commercial Bank Corporation Limited announced a delay in the publication of its 2024 Annual Results and subsequent reports due to additional time needed for audit procedures. Despite the suspension of trading in its H Shares, the bank continues normal business operations. The bank is also involved in a voluntary conditional general cash offer for its H Shares and Domestic Shares, with plans to apply for delisting pending shareholder approval. The annual general meeting is postponed, and trading suspension remains in effect until further notice.

More about Jilin Jiutai Rural Commercial Bank Corporation Limited Class H

Jilin Jiutai Rural Commercial Bank Corporation Limited is a joint stock company incorporated in the People’s Republic of China. The bank, along with its subsidiaries, provides corporate and retail deposits, loans and advances, payment and settlement services, and other banking services approved by national financial regulatory authorities in Mainland China.

Technical Sentiment Signal: Sell

Current Market Cap: HK$2.08B

For a thorough assessment of 6122 stock, go to TipRanks’ Stock Analysis page.

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