When failed to get in touch with Bao Fan, chairman of the board of directors in cooperation with Chinese official investigations, Huaxing Capital announced on Monday (April 3) to announce the suspension of trading and postponed its audit results in 2022.
According to Bloomberg, according to the announcement issued on the Hong Kong Stock Exchange on Sunday (April 2), the investment bank said that before the contact with Bao Fan, the auditor could not complete the audit work and issued an auditer reportEssenceAt present, the board of directors cannot estimate when it can approve the performance report that has agreed with the auditors, and is expected that unless the relevant matters are resolved, it will not be able to send an annual report on April 30 or before.
This investment bank previously announced that the loss of unveeled in 2022 was 563.8 million yuan (RMB, the same below, about S $ 109 million).In contrast, the net profit was 1.6 billion yuan in the previous year.The company said that the resumption of trading will depend on the time of annual performance.
It is reported that the latest news highlights the key characters of Chinese companies. Among these companies, the founders often play an important role.Huaxing Capital once said that Bao Fan also served as the chairman and the executive officer of the chairman to help ensure that the consistent leadership in the group can "more effective and efficiently carry out the overall strategy planning of the Group";The announcement reiterated once.
The board of directors wrote in the announcement that it will consider the role of the chairman and CEO in the appropriate time according to the overall situation of the group.
After the first exposure of Bao Fan's loss of contact, the company's stock price once fell by 32%, and this year has fallen by more than 10%.
