China Auto Interior (00048) has been suspended since April 2, 2024. After resuming trading this morning, it quickly surged higher, soaring more than 110% in early trading. As of press release, it rose 111.64% to HK$0.4, with a turnover of HK$0.8525 million.
The Zhitong Finance App learned that China Auto Interior (00048) has been suspended since April 2, 2024. After resuming trading this morning, it quickly surged higher, soaring more than 110% in early trading. As of press release, it rose 111.64% to HK$0.4, with a turnover of HK$0.8525 million.
According to the news, China Auto Interior issued an announcement stating that the board of directors believes that the company has reached all the requirements of the resumption guidelines, including resolving the issues that led to not issuing an opinion statement, providing a guarantee that no further statements of opinion are required, and disclosing sufficient information to enable investors to evaluate its financial situation in an informed manner in accordance with section 13.50A of the listing rules. In the first half of this year, China's automotive interiors achieved revenue of RMB 49.456 million, a year-on-year decrease of 17.22%; shareholders' losses were 16.024 million yuan, an increase of 1324.36% over the previous year.
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