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Vancouver, British Columbia, June 29, 2021 / CNW /- Hengyuan Holdings Co., Ltd. (This”the company“) (Toronto Stock Exchange:Hang Seng Index) (Over-the-counter market:High-speed rail) Is providing this bi-weekly default status report in accordance with National Policy 12-203-Management Stop Trade Order.on May 4, 2021, The company announced that for the reasons stated in its press release May 4, 2021, Submit its annual audited financial statements for the year ended December 31, 2020, Accompanying management’s discussion and analysis, and related CEO and CFO certifications (collectively referred to as “Annual declaration“) will not submit before the deadline April 30, 2021.
on May 4, 2021, The Securities Commission of British Columbia, as the main regulatory agency, granted a temporary management suspension order (“MCTO“). As previously announced, due to the unforeseen impact of the COVID-19 pandemic, the company needs additional time to submit annual documents. These effects continue to delay the audit of the company’s annual financial statements. Therefore,… …
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