China High Speed Transmission updates on audit progress; 2025 results release still pending

Bulletin Express
06/04

China High Speed Transmission Equipment Group Co., Ltd. announced a further delay in publishing its audited results for the year ended 31 December 2025, citing outstanding audit work that has yet to be finalised.

The company’s auditor is completing two key procedures:

1. Valuation review of financial assets at fair value through profit or loss. • The assets include equity interests in three partnership enterprises previously subject to a qualified opinion. • Independent valuers engaged by both the company and the auditor are assessing valuation materials, methodologies and supporting assumptions.

2. Outstanding external confirmations. • Certain bank and trade receivable confirmations remain pending. • The group is supplying additional bank and transaction records and, where necessary, alternative evidence to facilitate completion.

Management stated that these audit tasks are in their final stage, but additional time is required to obtain the necessary documentation. The board meeting to approve the 2025 annual results will be rescheduled once the audit is complete; a further announcement will confirm the new date.

Trading in the company’s shares has been suspended since 1 April 2026 and will remain halted until the audited 2025 results are released. The company pledged to keep shareholders and potential investors informed through further announcements in accordance with Hong Kong Listing Rules.

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