Shanghai Turbo FY2024 AGM set for 30 May 2026; FY2024 audit completion targets 15 May 2026

Reuters03-25 18:12
Shanghai Turbo FY2024 AGM set for 30 May 2026; FY2024 audit completion targets 15 May 2026
  • Crowe Horwath conducted the audit of Shanghai Turbo Enterprises’ 2023 annual financial statements from December 2024 to June 2025, and said it only performed a preliminary review of 2024 annual financial statement data without a formal examination.
  • On the “Trade receivable balance and revenue” disclaimer item, the company said differences in accounts receivable were mainly due to different bookkeeping timing and it has been urging clients to recognize accounts payable through on-site visits and phone communication.
  • Regarding the “Impairment assessment of the investment in a subsidiary of the Company,” it said it accepted the assessment company’s results and will fully cooperate during the next year’s assessment and audit process.
  • It set out a timeline that includes appointing Nexia and NLA DFK as joint auditors on 19 March 2026, completing the audit of the Group’s consolidated financial statements for FY2024 by 15 May 2026, and holding the FY2024 AGM on 30 May 2026.
  • The schedule also shows completion of the audit of the Group’s consolidated financial statements for FY2025 by 15 August 2026 and an FY2025 AGM on 31 August 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shanghai Turbo Enterprises Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 8WZ6HDC3SE74IDDB) on March 25, 2026, and is solely responsible for the information contained therein.

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