ST Hanma nears filing 2024 annual report

Hualing Xingma Automobile Group (SSE:600375), trading as *ST Hanma, announced it is in the final stages of preparing its 2024 annual report with auditor Zhejiang Tianping CPA. The company expects to report a net profit attributable to shareholders between RMB 155 million and RMB 185 million, reversing previous losses. Total revenue is projected between RMB 4.15 billion and RMB 4.35 billion. The company also anticipates its net assets attributable to shareholders to range from RMB 3.257 billion to RMB 3.287 billion. The 2023 audit qualifications have been resolved. The company's restructuring was completed on December 30, 2024, which involved new investment and debt restructuring. The company emphasizes that the figures are preliminary and subject to final audit.