Taihe Microfinance (01915.HK) further delays publication of its 2024 annual performance.

China Fortune Financial News APP learned that Taihe Small Loan (01915.HK) has announced that it will further delay the publication of its 2024 annual performance. The company is organizing and providing further information to the auditors on the recoverability of certain receivables and accounts, the recognition of impairment losses on certain receivables and accounts, the unauthorized guarantees provided by the group for loans of its controlling shareholder Jiangsu Baitai Group Co., Ltd. and its affiliates (the total amount of guarantees is still pending confirmation as of the date of this announcement), and the audit procedures required to assess the group's continued operating ability.