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The latest update is out from Modern Land (China) Co., Ltd. ( (HK:1107) ).
Modern Land (China) Co., Ltd. disclosed that the publication of its 2025 annual results will be delayed due to heightened government supervision over certain subsidiaries involved in China’s “ensure delivery of property units” initiative. Regulatory controls on the use of company chops and bank seals have slowed the issuance and receipt of bank and other audit confirmations, while tight human resources and liquidity pressures have further hindered preparation of key financial data needed for the audit.
As a result, about half of the required bank confirmations for the audit are still pending dispatch or receipt, disrupting the overall audit workflow and delaying the finalisation of the group’s financial statements. The company and its auditor aim to complete significant audit procedures in May 2026 and finalise the overall audit, including consolidated financial statements and disclosures, by the end of June 2026, at which point the 2025 annual results are expected to be released, subject to timely completion of outstanding work and no unforeseen obstacles, with investors urged to exercise caution in trading the shares.
More about Modern Land (China) Co., Ltd.
Modern Land (China) Co., Ltd. is a Chinese property developer focused on residential real estate projects, operating through various subsidiaries across the mainland. The group participates in government-led initiatives to ensure the timely delivery of housing units, which subjects parts of its operations to heightened regulatory oversight.
YTD Price Performance: -7.14%
Average Trading Volume: 11,318,837
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$36.33M
Learn more about 1107 stock on TipRanks’ Stock Analysis page.