GREENTECH INTL (00195) received an anonymous complaint and has appointed a third-party, Allinace Fairness to conduct an independent investigation

GREENTECH INTL (00195) announced that the company originally planned to publish the annual performance for the year 2024 and the mid-term performance for 2025 on February 27, 2026. However, following an anonymous complaint received by the company's auditors on February 26, 2026, the publication of these performances has been delayed. The latest developments are as follows. On February 26, 2026, the complaint contained several accusations against the company, which were passed on to the auditors and subsequently brought to the attention of the board's audit committee. In response to the complaint, the audit committee has initiated a review process of the accusations in accordance with the company's governance policies, and the auditors have sent a letter to the audit committee requesting an independent investigation into the accusations. On February 27, 2026, the board held a meeting with the auditors regarding the complaint, discussing various matters including the necessary follow-up actions. On February 28, 2026, the company engaged All-Win Enterprise Consultancy Limited to conduct an independent investigation into the accusations. As of the date of this announcement, All-Win has provided a draft investigation report for review by the audit committee and the auditors. The auditors are still evaluating the draft investigation report. Given the above circumstances, the publication of the pending performances may be further delayed. After reviewing the relevant information and documents related to the accusations, the board would like to emphasize that all the accusations raised in the complaint have not been verified and come from an anonymous source. The complaint also contains unverified and potentially defamatory statements about individuals and entities, lacking any evidence. Therefore, the board is obligated to exercise caution before publishing any unverified information, as it may have irreparable reputational and legal consequences for the individuals and/or entities involved. The company is working with the auditors to complete the audit of the annual performance for the year 2024. Furthermore, trading of the company's shares remains suspended.