Summary by Futu AI
China Smart Energy Group Holdings Limited (“China Smart Energy”) announced on 29 May 2024 that due to a slower response from the accounting staff of its Chinese subsidiaries, coupled with the company and its major Chinese subsidiaries facing a shortage of funds, impacting liquidity and cash situation, resulting in a lack of timely access Due to the fact that some employees are paying salaries, the publication of the 2023 annual results will have to be delayed. The Company expects to implement and publish the annual results approximately five weeks after the auditor receives all unsubmitted information and documents. In addition, at the Company's request, the Company's shares have been suspended from 2 April 2024 on the Stock Exchange of Hong Kong Limited and will continue to be suspended until the release of the annual results announcement. Shareholders and potential investors are advised to exercise caution when buying and selling the company's securities.