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Jiyi Holdings Faces Delays in Annual Results Amid Ongoing Investigations

Story Highlights
  • Jiyi Holdings is delaying its 2024 annual results due to ongoing investigations.
  • The company continues operations despite trading suspension and is addressing audit issues.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

The latest update is out from Jiyi Holdings Limited ( (HK:1495) ).

Jiyi Holdings Limited has announced a delay in the publication of its annual results for the year ended 31 December 2024 due to ongoing independent investigations into unauthorized guarantee arrangements and internal control reviews. Despite the suspension of trading of its shares, the company’s business operations continue as usual, and it is actively working to address issues raised in the auditor’s report and fill key vacancies in its board.

More about Jiyi Holdings Limited

Jiyi Holdings Limited is an investment holding company primarily engaged in the sale and distribution of merchandise and the provision of interior design and building engineering services in the People’s Republic of China.

Technical Sentiment Signal: Buy

Current Market Cap: HK$25.85M

Find detailed analytics on 1495 stock on TipRanks’ Stock Analysis page.

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