China Come Ride New Energy Group Limited (8039) Reschedules Board Meeting and Further Delays 2025 Annual Results

Bulletin Express
Feb 16

On 13 February 2026, China Come Ride New Energy Group Limited (8039) announced that its Board meeting, originally scheduled for 13 February 2026, has been postponed to 6 March 2026. The meeting will address the audited final results for the year ended 31 March 2025, the interim results for the six-month period ended 30 September 2025, and consider any potential dividend.

According to the announcement, trading in the company’s shares has been suspended since 9:00 a.m. on 2 July 2025. Multiple earlier announcements were issued from 30 June 2025 through 26 January 2026, highlighting the delay in publishing the 2025 Annual Results. The new postponement arises from the need to coordinate with various independent third parties for key audit procedures, which include assessing expected credit losses, verifying the valuation of certain investments, and obtaining confirmations on various assets.

To prevent future delays, the company intends to hire a senior finance professional to oversee the financial reporting function and begin audit preparations earlier. The goal is to improve reporting efficiency and ensure timely publication of financial results going forward.

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