c fin int inv (00721.HK) announced that after negotiations with the invested company, the prepaid amount of approximately 27 million RMB has been fully refunded to the group. In addition, the group has fully collected the receivable cash price of 9 million RMB generated from the sale to an independent third party of a non-listed investment by the end of the fiscal year ending June 2023. The company also mentioned that it is exploring other opportunities to monetize the investments or carry out fundraising activities to increase the company's cash level, with no final agreements reached at the moment.
The company also indicated that due to the ongoing preparation of necessary data and documents for implementing unaudited management accounts, the full-year performance for 2024 could not be published on time. Furthermore, due to the uncertainty in the time required for preparing all unreleased data and documents, an expected release date for the full-year 2024 performance cannot be provided. The trading of the stock remains suspended until further notice.