SHANGHAI XNG(03666): Delay in publishing 2025 annual results
Shanghai Little Sheep Restaurant Group (03666) announced that due to the company needing extra time to coordinate with the auditors to complete the unfinished audit procedures, the company will not be able to publish the 2025 annual results by March 31, 2026 or earlier, and the related delay will constitute a violation of Rule 13.49(1) of the Listing Rules.
Shanghai XNG (03666) announces that due to the need for additional time to coordinate with auditors to complete unfinished audit procedures, the company will not be able to publish its 2025 annual performance by March 31, 2026 or earlier, and the delay will constitute a violation of Rule 13.49(1) of the listing rules.
As disclosed in the announcement, the main reason for the possible delay is the temporary shortage of manpower and resources in the group's finance and accounting department. This shortage has hindered the group from timely completing its books and records, collecting necessary financial information and audit evidence, and preparing the group's comprehensive financial statements. Therefore, the company needs additional time to complete the group's books and records, organize and provide the auditors with the outstanding information and documents, and finalize the 2025 annual performance.
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