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Grand Baoxin Auto Group Updates on Resumption Progress Amid Audit Delays

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Grand Baoxin Auto Group Updates on Resumption Progress Amid Audit Delays

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An announcement from Grand Baoxin Auto Group ( (HK:1293) ) is now available.

Grand Baoxin Auto Group Limited has provided a quarterly update on its resumption progress, following a suspension of trading due to delays in publishing its 2024 Annual Results. The company is addressing outstanding audit procedures, impacted by the revocation of dealership authorizations by BMW, and aims to complete the necessary audit work by late November 2025. The company is actively working with auditors and stakeholders to resolve these issues and expects to publish its 2024 Annual Results by 28 November 2025.

More about Grand Baoxin Auto Group

Grand Baoxin Auto Group Limited is a prominent dealership group specializing in luxury automobile brands in the People’s Republic of China (PRC). The company primarily focuses on automobile sales and after-sales services, with its operations concentrated in the eastern region of the PRC, serving as a base for expansion into other parts of the country.

Current Market Cap: HK$244M

See more data about 1293 stock on TipRanks’ Stock Analysis page.

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