China Sandi Delays 2024 Results but Says Mainland Property Operations Ongoing
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China Sandi Holdings Ltd. has announced a delay in releasing its 2024 annual results, now expected by March 1, 2026, due to ongoing audits. Despite the suspension of its shares and liquidity challenges from weak property sales in mainland China, the company asserts that its operations are normal. It is also seeking a new company secretary to comply with Hong Kong listing requirements. The firm is focused on project delivery and maintaining stable core operations amid a challenging real estate market.
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