China Huarong Energy Company Limited (Stock Code: 1101) announced a further delay in both the publication of its 2024 Annual Results and the dispatch of its 2024 Annual Report, along with a corresponding delay in its 2025 Interim Results and Interim Report. According to the announcement dated 11 February 2026, the primary reason for the postponement remains late completion of the 2024 audit, caused by difficulties processing professional fee payments affected by foreign exchange controls in the PRC and Kyrgyz.
The company has not received confirmation from the auditor as to when the pending audit can be completed, and therefore cannot finalize a date for the release of the 2024 Annual Results. The delay in these annual results, which may affect the figures reported, has in turn pushed back the company’s 2025 Interim Results, with management indicating that the interim financials will be completed after the annual audit is concluded.
Trading in the company’s shares, which was suspended beginning 1 April 2025, will remain halted until further notice. The company intends to issue further updates, including the schedule for the relevant board meetings to approve the financial results, as soon as additional information is available.