Jiayuan Service (01153) issued an announcement, at present, the company, appraiser (the company hired to take control of the company's final shares receivable.
Zhitong Financial APP News, Jiayuan Service (01153) issued an announcement. At present, the company and appraiser (the company hired to evaluate the recyclability of some companies (Jiayuan Group) controlled by Mr. Shen Tianqing, the ultimate controlling shareholder of the receivable company, which are related parties of the group. Including receivables from Jiayuan International Holdings Limited (Jiayuan International) and Jiayuan Chuangsheng Holdings Group Co., Ltd. and its subsidiaries) and auditors are still assessing the recyclability of receivables, involving 154 project companies under Jiayuan Group. Due to the winding-up order issued by Jiayuan International, despite the appeal, some project companies have been supervised by relevant government regulatory departments or managers have left, and are temporarily unable to provide the relevant information needed to assess the estimated credit loss rate in a timely manner. As a result, companies, evaluators and auditors need more time to complete the assessment.
At present, the company is actively contacting the relevant project companies in order to obtain relevant financial information as soon as possible. At the same time, the company is also negotiating with relevant government regulatory authorities to obtain the regulatory and financial status of the project company.
The company understands that these problems may delay the assessment, but the company, appraisers and auditors will make every effort to complete the assessment and ensure the accuracy and reliability of the results. The company will continue to cooperate with relevant parties to obtain the necessary information as soon as possible to fully assess the recyclability of related party receivables.
For the reasons mentioned above, the review of the annual performance for 2022 is expected to be postponed to around mid-January 2024. Accordingly, the Board announced that, subject to the actual completion date of the 2022 annual performance audit, the board meeting would be postponed to approximately Friday, 19 January 2024, in order to consider and approve the audited annual results of the Group for 2022 and its publication, it is also expected that the 2022 annual results will be postponed to approximately Friday, 19 January 2024. The company expects the 2022 annual report to be postponed to around Friday, January 26, 2024.
In view of the above reasons, the Company also expects that the board meeting by which the Group's interim results for 2023 will be considered and approved will be postponed to approximately late February 2024, the announcement of interim results for the year ended 30 June 2023 will be postponed to approximately late February 2024, and the 2023 interim report will be deferred to approximately early March 2024.
In addition, trading in the company's shares continued to be suspended.