ZHUGUANG HOLD (01176) delayed the release of the full-year performance forecast for 2025 and expected suspension of trading from April 1st.

ZHUGUANG HOLD (01176) announced that as of the date of this announcement, the independent valuer and auditor of the Company have not been able to complete their respective valuation and audit work for the 2025 financial year, including but not limited to the following aspects: investment properties, properties under development and completed properties held for sale; expected credit loss assessment of trade receivables and other receivables; investment in an associate company (SILVER GRANT Holdings Limited, whose shares are listed on the main board of the Stock Exchange of Hong Kong with stock code: 0171); and audit confirmation of certain significant items in the Group's financial statements. As a result, the year-end financial statement closing process and audit procedures may be delayed, and the auditors may not be able to complete all audit work related to the Group as scheduled. In accordance with Rule 13.49(1) of the Listing Rules, the full year performance for 2025 may not be published by March 31, 2026. The Company has reached a consensus with the auditors and expects to announce the full year performance of the Group for 2025 (based on the financial statements of the Group for the 2025 financial year) within April 2026. In accordance with Rule 13.50 of the Listing Rules, if an issuer fails to publish periodic financial information in accordance with the Listing Rules, the Stock Exchange usually requires a suspension of trading in the issuer's securities, which will generally continue until the issuer publishes the necessary financial information in accordance with the Listing Rules. Due to the expected delay in the publication of the full year performance for 2025 before March 31, 2026, it is anticipated that trading in the Company's shares on the main board of the Stock Exchange will be suspended from 9:00 am on April 1, 2026 (Wednesday) until the full year performance for 2025 is published.