Hidili Industry Faces Auditor's Disclaimer of Opinion Due to Going Concern Issue

Reuters

2025/07/31

<a href="https://laohu8.com/S/01393">Hidili Industry</a> Faces Auditor's Disclaimer of Opinion Due to Going Concern Issue

Hidili Industry International Development Limited has issued a quarterly update regarding the implementation of action plans to resolve a Disclaimer of Opinion issued by its auditors, ZHONGHUI ANDA, concerning the company's financial statements for the year ended December 31, 2024. The disclaimer arose due to concerns about the company's ability to continue as a going concern. The company has been in negotiations with PRC financial institutions and lending banks to extend a substantial portion of onshore bank borrowings to a term over one year and within five years, and to waive outstanding interests. Although no agreement has been reached yet, the company is actively working towards a consensus and will release further announcements to keep shareholders and investors informed of any material developments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hidili Industry International Development Limited published the original content used to generate this news brief on July 31, 2025, and is solely responsible for the information contained therein.

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The disclaimer arose due to concerns about the company's ability to continue as a going concern. The company has been in negotiations with PRC financial institutions and lending banks to extend a substantial portion of onshore bank borrowings to a term over one year and within five years, and to waive outstanding interests. Although no agreement has been reached yet, the company is actively working towards a consensus and will release further announcements to keep shareholders and investors informed of any material developments.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hidili Industry International Development Limited published the original content used to generate this news brief on July 31, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01393","symbol_name":"恒鼎实业","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250731:nNDL2lwFBh:1","article_id":"2555808588","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2555808588","pubTimestamp":1753962439,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Hidili Industry International Development Limited has issued a quarterly update regarding the implementation of action plans to resolve a Disclaimer of Opinion issued by its auditors, ZHONGHUI ANDA, concerning the company's financial statements for the year ended December 31, 2024. 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The company has been in negotiations with PRC financial institutions and lending banks to extend a substantial portion of onshore bank borrowings to a term over one year and within five years, and to waive outstanding interests. Although no agreement has been reached yet, the company is actively working towards a consensus and will release further announcements to keep shareholders and investors informed of any material developments.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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