Zhitong Financial News, Dafa Real Estate (06111) issued an announcement that as of the date of this announcement, the group's business operations remained normal in all material aspects. The Board will continue to closely monitor the Group's financial position and business operations.
As at the date of this announcement, the suspension of trading in the Shares did not have any material adverse effect on the Group's business operations in any material respect. The Group's management continues to conduct strategic reviews of the Group's structure, its existing businesses and potential business opportunities from time to time with a view to improving the Group's business operations and financial position and complying with Rule 13 of the Listing RulesArticle 24.
In order to achieve the latest resumption guidance, the Company and its professional advisers are formulating an updated resumption plan in response to the Company's actions to rectify the matters that led to its suspension of trading and the achievement of the latest resumption guidelines. In view of the loss of a number of key accounting and finance staff in recent months, it is expected that the Company will need more time to prepare information to enable the auditors to carry out and complete their work. The Company will continue to use its best efforts to prepare and publish the outstanding financial results and financial reports as required under the Listing Rules, and assist and cooperate with the auditors in conducting the required audit work for the publication and despatch of the 2022 Annual Results, 2023 Interim Results, 2022 Annual Report and 2023 Interim Report as soon as possible.
In addition, the suspension continued.