HUSCOKE Holdings (00704): Delay in publishing the full-year performance announcement for 2025/26.

date
22:58 16/06/2026
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GMT Eight
Weiqia Holdings (00704) announced that the company has received a ruling from the Jinan Intermediate People's Court in Shandong Province. The Board of Directors hereby notifies the company's shareholders that the company requires more time (including consulting Chinese legal consultants and assessing their impact on the financial statements and financial forecasts), and may need to adjust the financial statements as necessary. This includes handling related audit procedures such as cash flow forecasts and asset evaluations. Therefore, the financial statement audit work for the year ended March 31, 2026 has not been fully carried out (including on-site audit work). Hence, the company expects the audited full-year performance for the year ended March 31, 2026 to be delayed.
HUSCOKE HLDGS (00704) announcement, the company has received a ruling from the Jinan Intermediate People's Court in Shandong. The Board of Directors hereby notifies the company's shareholders that the company requires more time (including consulting Chinese legal advisors and evaluating their impact on financial statements and financial forecasts), and may need to adjust financial statements as necessary, including cash flow forecasts, asset appraisals, and other related audit procedures. Therefore, as of the financial year ending March 31, 2026, the audit of the financial statements has not been fully completed (including on-site audit work). As a result, the release of the audited full-year results for the year ending March 31, 2026 is expected to be delayed. In accordance with Rule 13.49(1) of the Listing Rules, the company must publish its annual results announcement within 3 months after the end of the company's financial year (i.e., by June 30, 2026). Due to the above circumstances, the Board of Directors believes that the company will not be able to publish the annual results announcement by June 30, 2026 as required by the Listing Rules. The delay in publishing the annual results announcement constitutes a violation of Rule 13.49(1) of the Listing Rules. The Board of Directors evaluates that the delay in publishing the annual results announcement will not affect the business and operations of the group. According to Rule 13.46(2) of the Listing Rules, the company must dispatch the annual report for the year ending March 31, 2026 within 4 months after the end of the company's financial year (i.e., by July 31, 2026). Due to the expected delay in the publication of the annual results announcement, it is anticipated that the 2025/26 annual report will also need to be delayed.