Summary by Moomoo AI
HUA RUNJIAN MATERIALS HOLDINGS LIMITED (“HUA RUNJIAN MATERIALS TECHNOLOGY”) ANNOUNCED THAT IT HAS CHANGED THE LISTED CURRENCY OF ITS CONSOLIDATED FINANCIAL STATEMENTS FROM HKD TO RMB. This takes into account that the Group's main business and assets are located in the Mainland of China and are denominated and settled in RMB. The Board considers that this change will provide more reliable and relevant accounting information to assist shareholders and potential investors in a more accurate assessment of the Group's financial condition. The first consolidated financial statements presented in RMB will be the annual report as of 31 December 2023 and will be applied retroactively to reissue the comparative figures in RMB 2022. The change is not expected to have a material impact on the Group's consolidated financial statements. The announcement date is March 15, 2024 and the change in board members has been announced.