Zhitong Finance App News, Wenye Group (01802) announced that the company will not be able to publish the company's annual results for the year ended December 31, 2023 (2023 annual results) on or before March 28, 2024. The delay was due to the additional time required by the company's auditors to complete the review of the documents required for the 2023 full-year results audit.

According to section 13.49 (1) of the Listing Rules, issuers are required to publish preliminary results for the relevant financial year within three months after the end of each financial year. The Company's delay in publishing its 2023 annual results constituted a failure to comply with Rule 13.49 (1) of the Listing Rules. The company is working closely with the auditors to complete the audit of the 2023 full year results as soon as possible. The company expects to release the full year results of 2023 on April 3, 2024.

According to section 13.50 of the listing rules, if the issuer fails to publish regular financial information in accordance with the listing rules, the Stock Exchange will usually request the suspension of trading of the issuer's securities, and the suspension will usually remain in effect until the issuer publishes an announcement containing the required financial information. As a result, trading of the company's shares is currently expected to be suspended from 9:00 a.m. on April 2, 2024 (Tuesday) until the publication of the 2023 annual results.