---
title: "POLYFAIR HLDGS further delays the publication of its 2025 annual results"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/259903709.md"
description: "POLYFAIR HLDGS announced that the release of the 2025 annual results will be delayed until October 17, 2025, or earlier, due to the time required to complete the review of financial statements and the technical review by auditors. The company continues normal operations, with existing projects such as Jinshang Road and LP 11 under construction, approximately 1,300 units being built. The group will review its business and actively explore new opportunities to enhance shareholder value, and the stock will remain suspended"
datetime: "2025-10-03T14:11:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/259903709.md)
  - [en](https://longbridge.com/en/news/259903709.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/259903709.md)
---

# POLYFAIR HLDGS further delays the publication of its 2025 annual results

According to the announcement from Baofa Holdings (08532), as of the date of this announcement, the company has provided the auditor with most of the significant unresolved matters and information mentioned in the announcement. Although the draft of the audited financial statements has been prepared, the company still needs time to finalize the published version, and the auditor also requires time to conduct and complete its internal technical review procedures, as well as to perform a detailed review of the expected credit loss valuation for accounts receivable and contract assets. These procedures may lead to slight adjustments. Therefore, the company expects to publish its full-year results and annual report for 2025 on or before October 17, 2025.

The group is mainly engaged in providing design and construction services for group projects, including development design, structural calculations, drawing construction drawings, sourcing and procuring building materials, arranging logistics and installation engineering for building materials, project management, and post-completion services. The group continues to operate its business in the daily and general processes as of the date of this announcement. The group's existing projects, Jinshang Road and LP 11, are operating normally, with approximately 1,300 units currently under construction.

The group will continue to review its existing business operations, monitor changes in market conditions from time to time, and actively explore new business opportunities to diversify revenue sources and enhance shareholder value.

In addition, trading remains suspended

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