NC HEALTHCARE (01518): The investigation is not directly targeting the Group, its directors, or its senior management. The overall business of the Group has maintained its daily operations.
New Century Medical (01518) announced that in late April 2026, the company learned that several (but not all) of the Group's bank accounts had been frozen (the freezing action).
NC HEALTHCARE (01518) announced that in late April 2026, the company became aware that several (but not all) of the group's bank accounts have been frozen (the freezing action). After communication, the company learned that the freezing action is mainly related to an investigation being conducted by the Mentougou District Supervisory Committee in Beijing concerning one of the company's partners (the investigation). As of the date of this announcement, the company has not been provided with any written details regarding the investigation. The investigation is not directly targeting the group, its directors, or its senior management. As of the date of this announcement, only a portion of the group's bank accounts have been frozen, involving a total amount of approximately RMB 218 million, while the group can still continue to use other normal operating bank accounts, along with the cash generated from the group's day-to-day operations, to maintain the group's operations. The overall business of the group has continued normal operations during May, June, and July 2026 and up to the date of this announcement.
The company will continue to assess the impact of the freezing action on the companys business operations and financial condition, and will continue to actively monitor the progress of the freezing action.
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