Xinhua Jin: The controlling shareholder has non-operational funds of 406 million that have not been collected.

date
13/01/2026
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.