Holitech Technology warns of potential delisting

Holitech Technology Co., Ltd. (SZSE:002217) has issued its fourth delisting risk warning. The company faces potential delisting due to financial difficulties. Holitech's 2023 net assets attributable to shareholders were negative, triggering a delisting risk alert. Preliminary results also indicate the company's audited net profit excluding non-recurring gains or losses was negative for three consecutive years (2021-2023), and its auditor raised concerns about its ability to continue as a going concern. If the company's 2024 financials do not improve, and the audit report also contains an unqualified opinion or disclaimer, its stock may be delisted. The company's 2024 financial report is currently under audit. A prior announcement indicated potential violations of information disclosure laws and regulations. The company urges investors to exercise caution.