FSM Holdings Limited (01721) announced that it may not publish its audited results for the year ended 31 December 2025 by the 31 March 2026 deadline because it is still searching for a new external auditor after PricewaterhouseCoopers resigned on 7 November 2025.

Under Hong Kong Listing Rules 13.49(1) and 13.46(2), the company must release its preliminary annual results within three months after the financial year-end and despatch its annual report within four months. Failure to meet these deadlines would constitute non-compliance.

The board stated that issuing unaudited management accounts would be inappropriate, as the financial information has yet to be reviewed by an independent auditor. As a result, the 2025 Annual Report, due by 30 April 2026, is also likely to be delayed.

In line with Listing Rule 13.50, the Stock Exchange may suspend trading in FSM Holdings’ shares from 9:00 a.m. on 1 April 2026 if the 2025 results are not released by 31 March 2026. The suspension would remain in force until the audited results are published.

Management is actively identifying and interviewing potential audit firms to fill the vacancy and will issue further announcements on the appointment of a new auditor, the board meeting date for approving the 2025 results, and the timetable for releasing the annual report.

Chairman and Executive Director: Mr. Zhu Xian Chun Independent Non-executive Directors: Mr. Wong Po Keung, Mr. Lau Chun Ho Edward, Ms. Wu Guang Yuan

Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.