Summary by Futu AI
Yida China Holdings Limited (“Yida China”) announced that the release of its 2023 results, originally scheduled for March 31, 2024, will be delayed. THE COMPANY EXPLAINED THAT DUE TO THE APPOINTMENT OF A NEW AUDITOR AT THE EXTRAORDINARY GENERAL MEETING ON MARCH 25, 2024, IT MAY NOT BE POSSIBLE TO COMPLETE AUDITED FINANCIAL STATEMENTS WITH THE CONFIRMATION OF THE NEW AUDITOR BY THE DEADLINE. In addition, China considers it inappropriate to publish unaudited management accounts at this stage, as this may not accurately reflect the financial situation of the company and may lead to confusion or misunderstanding for shareholders and potential investors. Therefore, it is expected that China's shares will be suspended from April 2, 2024 on the Hong Kong Stock Exchange until the company publishes...Show More