Financial Interests and Receivables - As of June 30, 2024, the group's interests in associates and receivables from associates were RMB 968,541 thousand and RMB 590,459 thousand respectively[6]. - The group's equity interest and receivables from the associate Wanji Cement were RMB 407,258 thousand and RMB 81,674 thousand respectively, with a loss of RMB 26,900 thousand recognized during the interim period[6]. Concerns Regarding Wanji Cement - Wanji Cement has been suspended since June 2023, raising significant doubts about its ability to continue as a going concern due to net current liabilities of RMB 705,146 thousand reported[6]. - The company has not been able to obtain reliable financial information from Wanji Cement to verify its financial statements, impacting the accuracy of the interim results[7]. Actions and Plans - The company plans to hire an independent professional evaluation agency to assess the fair value of its interests in associates and the recoverability of receivables[7]. - The company has sent legal letters to assert its rights to review financial information from the associate, with further legal actions planned if responses are not received in a reasonable timeframe[9]. - An updated interim results announcement will be issued after necessary impairment assessments and receivables provisions are completed[10]. - The company is awaiting the results of a review hearing by the Listing Review Committee scheduled for December 6, 2024[4].
中国天瑞水泥(01252) - 2024 - 中期业绩