China Fortune Land Development: Expected net assets to be negative by the end of 2025; the stock may be subject to delisting risk warning.

2026-03-30 12:16:52

Gelonghui March 27 | Huaxia Happiness announced that, according to preliminary estimates by the finance department, the net assets attributable to shareholders of the listed company are expected to be negative RMB 15 billion to negative RMB 10 billion by the end of 2025. If this figure is negative, the company’s stock will be suspended from trading starting from the date on which the annual report for 2025 is disclosed. The Shanghai Stock Exchange will apply a delisting risk warning to the company’s stock within 5 trading days after the suspension date (with “*ST” prefixed to the stock abbreviation). Before the delisting risk warning is implemented, the company will issue an announcement one trading day earlier. The stock will resume trading from the next trading day after the announcement disclosure date.

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