Zhongxin Finance, March 29th. On the evening of the 28th, Sunac China issued an announcement stating that since the unaudited annual results of 2021 could not be published on or before March 31, 2022, the company's shares will be released on April 1, 2022. Trading on the Hong Kong Stock Exchange will be suspended from 9:00 on the same day.
The announcement pointed out that there are three main reasons for not publishing the unaudited annual results in 2021: after considering the expected workload and time required for the preparation of some of the financial statements that have not yet been completed; The company is actively communicating with relevant creditors for solutions to the loan problem; due to uncertainties affecting the financial statements such as the extension of domestic public bonds of Sunac Real Estate, the company does not expect to be able to complete the preparation of the group’s financial statements for the year ended 2021 by the end of this month, namely The company does not expect to publish its 2021 unaudited annual results on or before March 31, 2022.
Previously, Sunac announced on March 21 that it would release the company’s 2021 unaudited annual results on March 31, and it was expected to delay the publication of the 2021 audited annual results.
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