Zhitong Financial APP, Zhigao Holdings (00449) disclosed the quarterly update on the suspension of trading. Based on a preliminary review of the group's unaudited comprehensive management accounts for the nine months ended September 30, 2021, the group's domestic sales revenue decreased significantly by about 70 to 75 per cent compared with the nine months ended September 30, 2020 compared with the same period last year. As for exports, the group's export sales have decreased significantly by about 75% to 80% compared with the nine months ended September 30, 2020.
Publication of the audited 2019 annual results (which will be subject to the consent of the company's auditors) and the sending of the 2019 annual report, the 2020 interim results and the 2020 interim report, the audited 2020 annual results and the 2020 annual report, and the publication of the 2021 interim results and the sending of the 2021 interim report will be delayed.
In addition, the company will continue to suspend trading.