LEADING HLDGS: ANNUAL REPORT 2024
Due to violations of relevant listing rules, the Sichuan-based dark horse real estate company LEADING HLDGS has been reprimanded by the stock exchange, with a gross margin of only 1.3% in 2024.
① The company and its chairman and CEO Liu Yuhui were publicly reprimanded by the Stock Exchange; ② The Stock Exchange pointed out that Liu Yuhui was aware of the forced sale but did not clarify or provide updated information to the public or the Stock Exchange; ③ According to the company's Earnings Reports, its gross margin for 2024 is 1.3%; ④ Regarding the company's performance in 2024, the independent auditor clearly stated, "No opinion is expressed on your group's consolidated financial statements."
LEADING HLDGS (06999.HK): The Stock Exchange has reprimanded the company and CEO Liu Yuhui.
On April 8, Gelonghui reported that LEADING HLDGS (06999.HK) was reprimanded by the Exchange: the company; and (2) the company's Executive Director, Chairman, and CEO, Mr. Liu Yuhui, with further directives: Mr. Liu must complete 20 hours of training on regulatory and legal issues and compliance with the Listing Rules within 90 days, including at least 3 hours on each of the following topics: (i) Director responsibilities; (ii) Corporate Governance Code; and (iii) the provisions of Article 2.13 and Chapter 13 of the Listing Rules. During the trading session on May 19, 2022, a stockbroker was forced to sell Mr. Liu's shares.
Express News | HKEX - Listing Committee Decided to Impose Sanctions and Direction
Express News | HKEX - Disciplinary Action Against Leading Holdings and CEO
LEADING HLDGS (06999.HK) annual revenue decreased by 54% to approximately 8.571 billion yuan.
Gelonghui reported on March 28 that LEADING HLDGS (06999.HK) announced that for the year ending December 31, 2024, the group's revenue decreased by 54% to approximately 8,571 million yuan, primarily due to weak sales in the Industry. The group's net loss for the year ended December 31, 2024, was approximately 2,335 million yuan, compared to a net loss of approximately 986 million yuan for the year ended December 31, 2023. For the year ending December 31, 2024, the contracted sales amount reached 3,727 million yuan, with a contracted sales area of 0.
Express News | Leading Holdings Group FY Revenue RMB 8,571 Million
Express News | Leading Holdings Group FY Gross Profit RMB 114 Million
LEADING HLDGS: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024
Express News | Leading Holdings - Increase in Net Loss Due to Lower Gross Profit Margin and Impairments in FY
Express News | Leading Holdings Group - Expected Net Loss of RMB2,200 Million to RMB2,400 Million for 2024
LEADING HLDGS: PROFIT WARNING
LEADING HLDGS (06999.HK) will hold a Board of Directors meeting on March 28 to approve the annual performance.
On March 14, Gelonghui announced that LEADING HLDGS (06999.HK) will hold a Board of Directors meeting on March 28, 2025, to approve the announcement of the annual results for the year ending December 31, 2024, and to consider the proposal for the final dividend distribution (if any).
LEADING HLDGS: DATE OF BOARD MEETING
LEADING HLDGS (06999) subsidiary intends to sell land located in Zhumadian City.
LEADING HLDGS (06999) announced that on January 27, 2025, the seller Zhumadian Shengshi Weiguang Real Estate will...
Express News | Leading Holdings Group - Unit to Sell Land to Zhumadian Zhengyu Real Estate Co for RMB95.3 Mln
Leading Holdings Group Appoints ShineWing (HK) as Auditor
Leading hldgs (06999.HK) appoints ShinYung ZhongHe (Hong Kong) as the new auditor.
Great Wisdom December 6th, Leading Hldgs (06999.HK) announced that Ernst & Young has decided to resign as the company's auditor. The board of directors has resolved to appoint Ernst & Young Zhonghua Certified Public Accountants (Hong Kong) Limited ("EY Zhonghua") as the company's new auditor.
Leading Hldgs (06999.HK): Leung Wan Sing resigns as independent non-executive director.
On November 21, Gelonghui reported that Ms. Liang Yunxing has resigned as an independent non-executive director, chairman of the audit committee, and member of the remuneration and nomination committees, effective from November 21, 2024, to dedicate more time to engage in other business.
Leading Holdings Gets Hearing Date for Winding Up Petition Withdrawal