China Ocean Group Development Limited (8047) Announces Further Delay in Annual Results and Continues Trading Suspension

Bulletin Express

2025/11/01

China Ocean Group Development Limited (8047) issued a supplemental announcement regarding its 2025 Annual Results, citing a recent change of auditor and additional documentation requirements as the main causes for a prolonged audit process. According to the statement, certain audit procedures and outstanding confirmations remain pending, necessitating more time for completion.

The company now targets releasing the 2025 Annual Results by 31 December 2025. Trading in its shares on the Stock Exchange has been suspended since 9:00 a.m. on 2 July 2025 and will remain so until the publication of the Annual Results. Potential investors and shareholders are advised to exercise caution when dealing in the company’s securities.

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