Country Garden executives reprimanded for reporting delays

Country Garden Holdings (HKEX: 2007) and its executives, including Chairman YANG Huiyan, President MO Bin, and CFO WU Bijun, have been publicly reprimanded by the Shanghai Stock Exchange (SSE) for failing to timely disclose the company's 2024 interim report. The SSE has recorded this decision in its integrity file database. Additionally, Country Garden Real Estate Group Co., Ltd., a subsidiary, along with Ms. YANG, received similar reprimands from both the SSE and Shenzhen Stock Exchange (SZSE) for the same reason. The company attributed the delay to difficulties in completing the audit of the 2024 interim results within the required timeframe. The board, excluding the executives mentioned, expressed confidence in their continued ability and integrity as executive directors. Country Garden and Country Garden Real Estate published their 2024 interim reports on 24 February 2025.