-+ 0.00%
-+ 0.00%
-+ 0.00%

China Saftower Outlines Measures to Address Auditor’s Disclaimer of Opinion

PUBT·10/28/2026 11:41:35
Diffusion vocale
China Saftower Outlines Measures to Address Auditor’s Disclaimer of Opinion
  • China Saftower outlined measures to address its FY2025 audit disclaimer, including asset disposals, debt renewal negotiations and tighter customer payment terms.
  • Borrowings in default fell to RMB 16.73 million at June 30, 2026, from RMB 25.6 million at December 31, 2025.
  • First-half 2026 loss narrowed 54.2% to RMB 7.55 million; revenue fell 48.8% to RMB 86.19 million.
  • Net liabilities reached RMB 108.3 million at June 30, compared with RMB 100.14 million at December 31.
  • A potential placing of new shares under the general mandate remains under consideration; no definitive equity financing has been finalized.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Saftower International Holding Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261028-12386358), on October 28, 2026, and is solely responsible for the information contained therein.