According to the Zhitong Finance App, China Environmental Energy (00986) announced that according to the latest developments and recent discussions with the auditors, the company will further delay the publication of the 2023 full-year results. The reason is that the auditors will need more time to review the book values of accounts receivable, loans, and goodwill and complete their internal procedures.
As of the date of this announcement, there were no significant outstanding matters relating to the audit process. According to the company's currently available information, the board of directors estimates that the 2023 full-year results will be published on July 26, 2023, but the audit procedures must be completed before they can be factual.
The company's stock trading continues to be suspended.