熊猫金控股份有限公司发布关于2025年年度报告延期披露及退市风险的公告
要点摘要
- 2025年年度报告披露时间延期：原定于2026年4月21日披露，现因公司自身年报编制原因，延期至2026年4月30日。
- 会计师事务所出具“无法表示意见”及“否定意见”：利安达会计师事务所将对2025年度财务报告出具无法表示意见，对内部控制出具否定意见。
- 面临退市风险：基于会计师的意见，公司股票可能在2025年年报披露后被终止上市。
- 潜在行政处罚风险：公司已收到中国证监会湖南监管局《行政处罚事先告知书》，后续可能受到行政处罚。
- 生产经营正常：尽管存在上述重大事项，公司当前生产经营正常。
详细内容
熊猫金控股份有限公司（证券简称：*ST 熊猫，证券代码：600599）于2026年4月17日发布公告称，公司原计划于2026年4月21日披露2025年年度报告，现因自身年报编制原因，决定将披露日期推迟至2026年4月30日。公司强调，目前生产经营一切正常，但呼吁投资者关注年报预约披露日期的变更。
值得高度关注的是，利安达会计师事务所（特殊普通合伙）已明确表示，其将在2025年度财务报告中出具“无法表示意见”，并将在公司2025年度内部控制审计报告中出具“否定意见”。具体原因包括：对于2024年度持续存在的小额贷款等相关事项，审计过程中无法有效执行关键程序（包括函证、细节测试、替代测试等），亦无法获取充分、适当的审计证据，以判断相关报表项目的公允性和内部控制的有效性。这意味着公司财务报告及内部控制存在严重缺陷，直接影响公司经营透明度和合规性。
由于上述审计意见，根据《股票上市规则》，公司股票在2025年年报披露后，存在被终止上市的重大风险。这对公司股东及潜在投资者来说是极其重大的负面消息，极可能对公司股价造成重大冲击，投资者应高度关注。
此外，公司于2026年4月8日收到中国证监会湖南监管局出具的《行政处罚事先告知书》，表明公司后续可能面临行政处罚。相关内容已在此前公告中披露（公告编号：临2026-035）。行政处罚一旦坐实，将进一步加大公司经营和资本市场的不确定性。
公司提醒广大投资者，《上海证券报》和上海证券交易所网站为公司选定的信息披露平台，一切重要信息以其披露为准。投资者需高度警惕公司退市及政策监管带来的投资风险。
对股东及投资者的重要提示
- 公司年报延期及无法表示意见和否定意见均属重大事项，极可能对股价产生剧烈影响。
- 公司股票面临退市风险，投资者应密切关注后续年报及上交所公告。
- 公司还面临潜在的行政处罚风险，监管层面的不确定性增加。
- 尽管公司称目前生产经营正常，但财务和内控问题将严重制约公司未来发展和资本市场表现。
免责声明
本文内容仅供信息参考，不构成任何投资建议。投资有风险，入市需谨慎。请以公司在上海证券交易所官方网站及《上海证券报》发布的正式公告为准。
Panda Financial Holdings Co., Ltd. Issues Announcement on the Postponement of 2025 Annual Report Disclosure and Delisting Risk
Key Highlights
- 2025 Annual Report Disclosure Postponed: Originally scheduled for April 21, 2026, now postponed to April 30, 2026 due to company’s own reasons.
- Auditor’s Disclaimer and Adverse Opinions: Lianda CPAs will issue a disclaimer of opinion on the 2025 financial report and an adverse opinion on internal controls.
- Delisting Risk: Due to these audit opinions, the company’s shares are at major risk of being delisted after the 2025 annual report disclosure.
- Potential Administrative Penalty: The company has received a pre-administrative penalty notice from the CSRC Hunan Bureau and may face administrative sanctions.
- Normal Operations: Despite the above, the company states its operations remain normal.
Detailed Article
Panda Financial Holdings Co., Ltd. (Stock Name: *ST Panda, Stock Code: 600599) announced on April 17, 2026 that its 2025 annual report, originally set for disclosure on April 21, 2026, will be postponed to April 30, 2026 due to the company’s own preparation reasons. The company emphasizes that its production and operations remain normal, but investors are urged to pay attention to the change in the scheduled disclosure date.
Of significant importance, Lianda CPAs (Special General Partnership) has indicated it will issue a “disclaimer of opinion” on the company’s 2025 financial statements and an “adverse opinion” on the internal control audit report. The main reason is the persistent issue with micro-loans and related matters since 2024, for which the auditor could not effectively perform key audit procedures (like confirmations, detailed tests, alternative tests, etc.), nor obtain sufficient and appropriate audit evidence to judge the fairness of the related financial statement items or the effectiveness of internal controls. This points to serious deficiencies in financial reporting and internal controls, and directly affects the company’s transparency and compliance.
Given these audit opinions, under the Stock Listing Rules, the company’s shares face a significant risk of being delisted after disclosure of the 2025 annual report. This is a critical and negative development for shareholders and potential investors, and could have a major impact on the stock price.
Additionally, the company received a pre-administrative penalty notice from the CSRC Hunan Regulatory Bureau on April 8, 2026, indicating a possibility of future administrative sanctions. This has been previously disclosed (Announcement No. 临2026-035). If such penalties are imposed, it would further increase operational and capital market uncertainties.
The company reminds investors that the Shanghai Securities News and the Shanghai Stock Exchange website are the official information disclosure platforms, and all important information should be checked there. Investors are strongly cautioned about the risk of delisting and regulatory penalties.
Important Notes for Shareholders and Investors
- The postponement of the annual report, together with the disclaimer and adverse opinions, are major events that could cause significant volatility in the share price.
- The company’s shares face delisting risk. Investors should closely monitor the upcoming annual report and stock exchange announcements.
- The company is exposed to potential administrative sanctions, increasing regulatory uncertainty.
- Despite current normal operations, financial and internal control issues may seriously constrain future development and market performance.
Disclaimer
This article is for informational reference only and does not constitute any investment advice. Investment involves risks; please exercise caution. Refer to the company’s official disclosures on the Shanghai Stock Exchange website and Shanghai Securities News for authoritative information.
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