China High-Speed Transmission Equipment Group Faces Regulatory Non-Compliance Over Handa Loan Transactions

Reuters
26 May
China High-Speed Transmission Equipment Group Faces Regulatory Non-Compliance Over Handa Loan Transactions

China High-Speed Transmission Equipment Group Co. Ltd., a company listed on the Main Board of the Hong Kong Stock Exchange, has announced a regulatory issue involving non-compliance with the Listing Rules. The issue pertains to a connected and discloseable transaction related to a loan agreement executed on March 18, 2024, by its wholly-owned subsidiary, Nanjing Handa, with Nanjing Fengsheng Kangju. The company has stated it will continue to adhere to corporate governance procedures and make timely disclosures to ensure compliance with the Listing Rules. The Stock Exchange of Hong Kong Limited has disclaimed responsibility for the contents of the announcement.

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