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Huafang Group Advances Despite Trading Suspension
Flower Group (03611) will submit a proposal for resumption of trading to the HKEX. The trading will continue to be suspended for updates.
According to the announcement released by Huafang Group (03611) on the Smart Finance app, the group continues to operate its business through the implementation of its business strategy, and users can access and use the group's live video and audio social networking products as usual since the suspension of trading of its shares on April 3, 2023, until the date of this announcement. The company will submit a proposed resumption of trading plan updated to the Hong Kong Stock Exchange to demonstrate that the company has fulfilled the conditions for resuming the trading of its shares in accordance with the guidance on resumption of trading (including the additional guidance) contained in that plan. Due to the failure to publish the audited annual performance of 2022 on time, the company has requested the suspension of its shares from trading since 9 a.m. on April 3, 2023.
The financial estimates of Hua Fang Group (03611) have not been audited or reviewed by external auditors or audit committees, and the trading suspension continues.
Zhixun Finance and Economics APP announcement: China Floral Group (03611) announced that Songcheng Performance Development Co., Ltd., the company's controlling shareholder, is a stock listed on the Shenzhen Stock Exchange (300144.SZ) (Songcheng Performance Development), and as of the announcement date, actually owns about 35.35% of the total issued shares of the company. The company noted that Songcheng Performance Development issued an announcement on June 6, 2024 (Songcheng Performance Development Announcement), which listed predictions of the company's financial information for several years up to December 31, 2028 (including revenue growth rate, gross margin, sales expense ratio, administrative expense ratio, and research and development expenses).
Huafang Group (03611) receives additional trading resumption guidelines from the Stock Exchange
According to Zhitong Finance App News, Huafang Group (03611) issued an announcement. In addition to the resumption guidelines provided by the Stock Exchange as set out in the company's announcement dated June 23, 2023, the company received a letter from the Stock Exchange on May 6, 2024. Based on this, the Stock Exchange imposed an additional resumption guideline as shown in (vi) below on the resumption of trading of the company's shares. The guidelines for resuming trading are outlined as follows: (i) publish all unannounced financial results as stipulated in the listing rules and handle any audit revisions; (ii) conduct appropriate independent investigations, assess the impact on the company's business operations and financial situation, publish investigation results, and adopt appropriate measures
Huafang Group Swings to 2023 Loss as Revenue Nearly Halves
Huafang Group (HKG:3611) incurred an attributable loss of 796.9 million yuan for the year ended Dec. 31, 2023, against an attributable profit of 231.8 million yuan in full-year 2022, according to the
花房集團:年報2023
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