China Specialty Glass postpones Annual Report 2013 publication

China Specialty Glass AG ("CSG"), holding company of one of the largest producers of security glass in China, will publish its annual report for the financial year 2013 as well as its Q1 report later than expected.

After having started the preliminary audit, CSG’s auditor Warth & Klein Grant Thornton AG requested various additional information and evidences regarding the financial figures 2013 from the company.Amongst others, documents from third parties such as customers or distributors of CSG are outstanding. Due to local common business practices the company has a limited influence on receiving the complete set of required documents. CSG fully cooperates with the auditors and tries to meet the requirements by providing alternative solutions. Until now no agreement with Warth & Klein Grant Thornton AG could be reached, but CSG will continue the discussion with the auditor. Under the current circumstances CSG will not be able to publish its annual report for the financial year 2013 as planned on April 30, 2014. Consequently also the Q1 report 2014 will be delayed.

The new dates for publication of the Annual Report 2013 and the interim reports 2014 will be provided as soon as a reliable timelines can be confirmed.

– End of the ad-hoc-release –

About CSG

China Specialty Glass AG is the German holding company of the China Specialty Glass Group. The Group develops, produces and sells specialty glass. The Group's main products, which are all sold under the brand name “Hing Wah”, are, on the one hand, for safety glasses such as bullet-proof, bomb-proof and burglar-resistant glasses and, on the other hand, for constructional glasses including laminated, tempered and fire-resistant glasses, hollow glass blocks and electrically-controlled colour-changing glass. The Group is one of the 
leading companies in China in the fields of safety glass for banks and the automobile industry, both in terms of production output and market share.

The shares of China Specialty Glass AG are listed in the Prime Standard of the Frankfurt Stock Exchange (ISIN DE000A1EL8Y8 / SIN A1EL8Y / Ticker 8GS).

600450 China Specialty Glass postpones Annual Report 2013 publication

See more news about:

Others also read

Luminous White Walls at Frankfurt Airport’s Terminal 1
Luminous White Walls at Frankfurt Airport’s Terminal 1.
Diamonds are forever at new Crossrail station
Artwork doesn’t usually measure over 50 metres long and weigh several tonnes, but that’s the challenge that Wrightstyle has to overcome as it completes work on Farringdon station on London’s Crossrail project.
A perspective of glass and the terrorist threat
Jane Embury, Wrightstyle’s marketing director, looks at how blast-resistant glazing came about.
NEW: arcon sunbelt D oHT - the complete product range is available now
One product, two solutions - arcon sunbelt D oHT (optional heat treatable) makes a lot of things easier: You can use one and the same base glass as non-toughened float glass or thermally toughened glass (tempered/heat-strengthened safety glass).
Tvitec has been granted the Isolar Award 2018 for the sustainable glazing of its landmark project in Washington, DC.
Isolar Glas, one of the main European glass fabricator association has granted Tvitec System Glass the “Most Representative Project Award” for its performance on the glazing of 1100 15th Street Midtown Center.
Spotlight on EVERLAM™  White: Customised Privacy, Maximum Light
White laminated glass is extremely versatile. A perfect link between colours and styles, it can adapt to any architectural design.

From industry

10924 Granite Street, Suite 200
Charlotte, NC 28273
United States

Schaliënhoevedreef 20-D,
2800 Mechelen

Add new comment