Xinhua Jin: The controlling shareholder has non-operational funds of 406 million that have not been collected.
Xinhua Jin announced that as of the disclosure date of the 2025 interim report, Xinhua Jin Group and its related parties have non-operational use of company funds totaling 406 million yuan, which should be returned within 6 months upon receiving the "Decision on Administrative Supervision Measures." As of the disclosure date of the announcement, a specific solution has not yet been determined. If the occupied funds are not collected as required within 6 months, the company's stock will be suspended; if the rectification is not completed within 2 months of the suspension, a delisting risk warning will be implemented; and if the rectification is not completed within the following 2 months, the stock will be delisted. Currently, the company's production and operation are normal.
Latest

