Transcenta Holding Limited has announced updates regarding measures taken to address an accounting issue highlighted in its annual report for the year ended December 31, 2024. The board of directors disclosed ongoing efforts to resolve a disclaimer of opinion noted by auditors, focusing on optimizing resource allocation and improving financial stability. While some progress has been made, not all plans have been fully realized, with ongoing negotiations and communications with external parties. The company aims to achieve its goals by the end of the 2025 financial year, with further announcements to be made as necessary. Dr. Xueming Qian, Executive Director, Chairman, and CEO, emphasized the company's commitment to resolving these issues.
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