Summary by Moomoo AI
Country Garden Holdings Co., Ltd. ("Country Garden") announced that, due to ongoing industry volatility and debt restructuring work, the publication of the 2023 annual performance and the mailing of the 2023 annual report will be further delayed. In addition, the 2024 shareholder's annual meeting will also be postponed, and the publication and mailing of the 2024 interim performance and report will also be delayed. Trading of Country Garden shares has been suspended since April 2, 2024, and will continue to be suspended until further notice. The company stated that more time is needed to collect data to make appropriate accounting estimates and determinations, and to prudently assess its current and future financial resources and obligations. Country Garden will complete the relevant work as soon as practically possible, and will announce a revised expected publication date for the performance report at the appropriate time.