China Everbright Holdings (00165) is expected to obtain losses attributable to shareholders of approximately HK$2.06 billion in the medium term

Zhitongcaijing · 2d ago

Zhitong Finance App News, China Everbright Holdings (00165) issued an announcement regarding the lawsuit against the group in relation to the share transfer dispute of Yingli International Real Estate Co., Ltd., including a civil judgment handed down by the Fifth Intermediate People's Court of Chongqing and a profit warning relating to the company's interim results. Based on the judgment at this stage and taking into account the applicable accounting standards, the company will make corresponding adjustments in its 2026 interim results in accordance with the applicable accounting standards/financial reporting standards in accordance with the applicable accounting standards/financial reporting standards in this legal lawsuit. Affected by these adjustments and financial risk exposure, the Group's 2026 interim results are expected to achieve losses attributable to the company's shareholders of approximately HK$2.06 billion. The Board emphasized that the above accounting adjustments did not have a significant impact on the Group's daily business operations and cash flow. Currently, the Group's overall operating conditions remain normal. The company will publish a separate announcement in due course regarding any significant developments in this legal lawsuit. The information contained in this announcement is based only on information currently available to management and has not been reviewed or audited by the company's auditors.