China Sandi Holdings Ltd. has provided a quarterly update regarding its ongoing business operations and financial reporting status. The company, which is principally engaged in property development as well as holding properties for investment and rental purposes in the People's Republic of China, reported that the real estate market in the PRC continues to face downward pressure, with most regions experiencing weak sales performance. Challenging financing conditions have further impacted the Group's liquidity position. The company noted delays in the publication of its annual report for the year ended 31 December 2024, as well as the interim results announcement and interim report for the six months ended 30 June 2025. China Sandi Holdings stated that it will provide further updates to shareholders and potential investors regarding the progress of its outstanding financial information as appropriate. As of the date of the announcement, the board composition remains unchanged, with Mr. Guo Jiadi serving as Chairman. The company reaffirmed its commitment to its existing business operations despite the ongoing difficulties in the sector.
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