Heyuan Gas corrects prior fundraising use report

Hubei Heyuan Gas (SZSE:002971) has announced a correction to its previous report and verification report regarding the use of funds raised in prior offerings. The company stated that a review identified omissions in the original disclosures due to staff oversight. Key corrections involve details about the temporary use of idle raised funds. Specifically, the initial report omitted the amounts and dates of utilization of idle funds. Also, the company specified a temporary shortfall in profit generated by the Northwest Hub's project was due to weaker-than-expected market conditions. Corrected reports are available on the Shenzhen Stock Exchange website.