Huazhang Technology Holding Limited (1673) announced a further delay in dispatching its circular regarding a major transaction involving participation in bankruptcy restructuring proceedings leading to the acquisition of a debtor company. The company previously indicated plans to provide this circular by 31 October 2025. According to the latest announcement dated 31 October 2025, additional time is required to finalize relevant information, and the new dispatch date is expected to be on or before 30 November 2025.
The transaction details were initially announced on 28 July 2025, with subsequent updates on 28 August 2025 and 30 September 2025 confirming the delay in issuing the circular. The most recent notice advises that the dispatch has been postponed again, reflecting the extended timeline needed to compile and review crucial documentation.