CHINA EB LTD (00165) issues a profit warning, expecting a loss attributable to shareholders of approximately HKD 2.06 billion for the interim period.
China Everbright Holdings (00165) announced the content regarding the equity transfer dispute of Yingli International Real Estate Co., Ltd. related to lawsuits against the Group, including the civil judgment made by the Fifth Intermediate People's Court of Chongqing and the profit warning concerning the company's interim performance.
CHINA EB LTD (00165) issued an announcement regarding a lawsuit against the group related to the equity transfer dispute of Yingli International Real Estate Holdings Limited, including a civil judgment made by the Fifth Intermediate People's Court of Chongqing and a profit warning regarding the company's interim performance. Based on the current judgment outcome and comprehensive considerations of applicable accounting standards, the company will make corresponding adjustments in its interim performance for the year 2026 in accordance with applicable accounting standards/financial reporting standards concerning this legal litigation matter. Due to these adjustments and financial risk exposure, it is expected that the group will record a loss attributable to shareholders of approximately HKD 2.06 billion in its interim performance for 2026. The board emphasizes that the aforementioned accounting adjustments have not had a significant impact on the group's daily business operations and cash flow. Currently, the overall operational status of the group remains normal. The company will issue further announcements at an appropriate time regarding any significant developments in this legal litigation. The information contained in this announcement is based solely on the data currently available to the management and has not been reviewed or audited by the companys auditors.
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