CMBC Capital Holdings (01293.HK): Further delay in publishing 2024 annual performance.

date
30/04/2025
Wisdom Financial APP News, Guanghui Baoxin (01293.HK) announced that, as of the date of this announcement, the audit work on the comprehensive annual performance of the Group for the year ended December 31, 2024, has not been completed. The reason is due to the continuous fluctuations in the automotive distribution industry, and the Group has faced an increasingly complex operating environment in the past financial year. Therefore, the company needs to allocate more personnel and resources to prepare comprehensive financial statements and cooperate with audit work, especially requiring more time to complete the financial data compilation of some closed stores and stores whose authorization has been revoked by Brilliance BMW Automotive Co., Ltd. and BMW (China) Automotive Trading Co., Ltd., in order to meet all necessary information required by the company's auditors. At the same time, the company's auditors have adjusted the audit scope and increased audit procedures in accordance with the current situation to fulfill and complete the audit procedures for the full year performance of 2024, to ensure that changes in the industry and the company are reasonably reflected in the Group's comprehensive financial statements for the year ended December 31, 2024.