Soho Holly Futures Co. Ltd. Announces Changes in Accounting Policies to Enhance Financial Reporting
Soho Holly Futures Co., Ltd. announced changes to its accounting policies on August 28, 2025, following a Board meeting. The revisions focus on the accounting treatment for standard warehouse receipt trading and risk management business revenue. The company states these changes comply with laws and aim to better reflect financial conditions. While fair value changes may affect net profit, significant adverse effects are not expected. The Board, led by Chairman Mr. Chu Kairong, supports these changes to protect shareholder interests, especially minority shareholders.
Soho Holly Futures Co., Ltd. Announces Changes in Accounting Policies Nanjing, PRC - On August 28, 2025, Soho Holly Futures Co., Ltd. (Stock Code: 3678) announced changes to their accounting policies following the fifth meeting of the fifth session of their Board of Directors. The revisions pertain to the accounting treatment for standard warehouse receipt trading and cost accounting of risk management business revenue. The company assures that these changes are in compliance with relevant laws and regulations and aim to more accurately reflect the financial condition and operating results. While the fair value changes of standard warehouse receipts could impact the net profit for the period, they are not expected to have a significant adverse effect. The Board, including Chairman Mr. Chu Kairong, unanimously supports these changes, emphasizing that they protect the interests of all shareholders, particularly minority shareholders. Relevant documents, including the resolutions from the Board meeting, are available for inspection as per the Shenzhen Stock Exchange requirements. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Soho Holly Futures Co. Ltd. published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
