Jianzhong Cons (00589) announced that the company may further delay the publication of its annual performance results until December 31, 2023...
Zhongtong Finance and Economics app news, Jianzhong Cons (00589) announced that the company may further delay the publication of its annual performance results until December 31, 2023. The company has held a special shareholder meeting to approve the proposed dismissal and appointment. After the proposed dismissal and appointment are completed at the special shareholder meeting, the new auditor Guofu Haohua (Hong Kong) accounting firm limited will need more time to complete the audit procedures. As of the date of this announcement, the main pending matters to be addressed to complete the audit of the annual results for 2023 include (i) recent cash flow forecasts; (ii) expected credit losses allowances for accounts receivable and contract assets; (iii) expected credit losses allowances for accounts receivable under service franchise arrangements; (iv) the impairment losses on property, plants and equipment; and (v) the receipt of several confirmation letters. The company will work closely with its auditors to provide all necessary information and documents to complete the audit procedures as soon as possible. However, the expected publication date of the annual results for 2023 will need to be discussed and determined further with the auditors and will be announced at an appropriate time. As of the date of this announcement, the expected publication date of the annual results for 2023 is on or before September 30, 2024.