Summary by Moomoo AI
DINGFENG GROUP AUTOMOBILE CO., LTD. (“DINGFENG GROUP AUTOMOBILES”) ANNOUNCED THAT THE ANNOUNCEMENT OF ITS ORIGINAL 2023 ANNUAL RESULTS WILL BE FURTHER DELAYED AND IS EXPECTED TO BE ANNOUNCED NO LATER THAN MAY 31, 2024. The company explained that due to the financial difficulties in the Mainland of China affecting the recoverability of loans to borrowers and customers, it will take more time to complete the audit process and collect the necessary supporting documents. In addition, the shares of Ding Fung Group Automobiles were suspended from 2 April 2024 on the Stock Exchange of Hong Kong Limited (the “Exchange”) until the announcement of the results. Shareholders and potential investors are reminded to exercise caution when investing in and trading company securities. The meeting of the Board of Directors of the Company has also been postponed and the date of the meeting will be announced separately.