King Stone Energy (00663) announced that the special investigation committee's investigation is expected to be completed in the first week of June 2024...
According to the announcement released by Jinshan Energy (00663), the preliminary estimate is that the investigation carried out by the special investigation committee is expected to be completed within the first week of June 2024. The company's annual performance in 2023 will be published before the end of June 2024. Based on the report of the independent third-party investigator appointed by the special investigation committee, only face-to-face talks on prepaid matters with some suppliers can be arranged before the end of June 2024. Therefore, the investigation is expected to be completed in early July 2024. Considering that the publication of 2023 annual performance depends on the investigation results, the publication of the annual performance will inevitably be delayed. According to the company's new auditor, it is expected that the audit process of the annual performance of 2023 will be completed before the end of July 2024 after obtaining the investigation results in the first week of July 2024.
