Yida China Holdings Ltd. (HK:3639) has released an update.
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Yida China Holdings Ltd. has been working to comply with the Stock Exchange’s Resumption Guidance in order to resume trading, while maintaining steady business operations with contracted sales of approximately RMB 211 million from June to August 2024. The company is addressing debt risks through intensified sales and asset disposals, and is in the process of finalizing its 2023 audit with plans to publish annual results by October 31, 2024. Moreover, Yida China is actively seeking to appoint an independent non-executive director and chairman for its Audit Committee as part of its governance compliance efforts.
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