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An announcement from Xin Yuan Enterprises Group Ltd. ( (HK:1748) ) is now available.
Xin Yuan Enterprises Group Ltd. has announced a delay in the publication of its annual results for the year ended 31 December 2024, due to the need for an independent investigation report concerning certain allegations against the company and its directors. This delay has led to the postponement of the board meeting initially scheduled for 26 March 2025 and the continued suspension of trading in the company’s shares, impacting compliance with Hong Kong Stock Exchange listing rules and potentially affecting shareholder and investor confidence.
More about Xin Yuan Enterprises Group Ltd.
Xin Yuan Enterprises Group Ltd. is a company incorporated in the Cayman Islands, operating with limited liability. It is listed on the Stock Exchange of Hong Kong, indicating its involvement in the financial and securities market.
YTD Price Performance: 9.32%
Average Trading Volume: 78,880
Technical Sentiment Signal: Buy
Current Market Cap: HK$774.4M
For an in-depth examination of 1748 stock, go to TipRanks’ Stock Analysis page.