Transcenta Holding Limited Addresses 2024 Annual Report Disclaimer with New Measures and Actions

Reuters
07-11
Transcenta Holding Limited Addresses 2024 Annual Report Disclaimer with New Measures and Actions

Transcenta Holding Limited has announced updates regarding measures taken to address an accounting issue highlighted in its annual report for the year ended December 31, 2024. The board of directors disclosed ongoing efforts to resolve a disclaimer of opinion noted by auditors, focusing on optimizing resource allocation and improving financial stability. While some progress has been made, not all plans have been fully realized, with ongoing negotiations and communications with external parties. The company aims to achieve its goals by the end of the 2025 financial year, with further announcements to be made as necessary. Dr. Xueming Qian, Executive Director, Chairman, and CEO, emphasized the company's commitment to resolving these issues.

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. Transcenta Holding Limited published the original content used to generate this news brief on July 11, 2025, and is solely responsible for the information contained therein.

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