Yangzhou Taihe Micro-finance Delays 2024 Annual Results and Report Dispatch

Reuters
04 Jun
Yangzhou Taihe Micro-finance Delays 2024 Annual Results and Report Dispatch

Yangzhou Guangling District Taihe Rural Micro-finance Co. Ltd. has announced a further delay in the publication of its 2024 annual financial results and the dispatch of the 2024 Annual Report. The company cited issues related to the recoverability of certain loans and accounts receivable, as well as unauthorized guarantees, as contributing factors to the delay. The board meeting has also been postponed as a result of these delays. Shareholders and potential investors are advised to exercise caution when dealing in the company's shares.

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