Shunfeng International Clean Energy Ltd. (Stock Code: 01165) has issued a quarterly update regarding its efforts to resolve a disclaimer of opinion related to its financial statements. The company is actively implementing action plans to address the concerns raised in their 2024 Annual Results and Report. The board is committed to resolving the issue and will keep shareholders and potential investors informed of any developments. The company advises caution in dealing with its shares during this period. Additionally, Shunfeng is involved in resolving a financial dispute affecting the receipt of proceeds from a 2021 disposal, with expectations to receive the remaining RMB1.2 million by June 2026.
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