Fullshare Holdings Limited (00607) announced that its indirect subsidiary, China High Speed Transmission Equipment Group Co., Ltd. (658), changed auditors and will not be able to meet the reporting deadlines for the year ended 31 December 2025 (FY2025). The Group held 1.16 billion shares of CHS, representing approximately 71.08% of its total issued share capital, and planned to consolidate CHS’s financial results into its own annual results and annual report for FY2025.
According to the announcement, both entities will not comply with Rules 13.49 and 13.46 of the Listing Rules by the respective deadlines of 31 March 2026 and 30 April 2026 for publishing audited annual results and the annual report. As a result, trading in Fullshare Holdings’ shares is expected to be suspended from 9:00 a.m. on 1 April 2026.
Efforts to expedite the audit work are ongoing, and Fullshare Holdings indicates that announcements and the annual report will be published as soon as possible, with an application for resumption of share trading to follow in due course.