Why was Zhongfu's financial report issued with a qualified opinion?

Due to insufficient audit evidence from Fusing Company, its equity-method investee, which failed to submit audited financials for FY114.

When will Zhongfu's stock trading resume?

Trading is expected to resume shortly after the restated financial reports are approved and disclosed.

What is Fusing Company?

Fusing is a key equity-method investee of Zhongfu, though its specific business operations are not publicly detailed.

What is a restated financial report?

A revised financial statement issued to correct prior disclosures, often in response to audit qualifications or errors.

How does this affect investors?

Investors faced temporary liquidity loss, but the resolution signals improved transparency and governance recovery.

Zhongfu Announces Board Meeting Date for Restated 114th Fiscal Year Financial Report and 115 Q1 Financial Report

Published Jun 12, 2026 9:00 AM ・ Updated Jun 14, 2026 12:09 AM ・ 5 min read ・ Source: PR Times

Zhongfu Company has scheduled a board meeting on 115/06/15 to approve the restated financial reports for fiscal year 114 and the first quarter of 115, after finally receiving delayed financial information from its equity-method investee, Fusing Company, which had previously led to qualified audit opinions and a stock trading suspension.

1. Board Meeting Notice Date: 115/06/12 2. Expected Board Meeting Date: 115/06/15 3. Financial Reports or Self-Prepared Financial Information to be Submitted to or Approved by the Board: Restated 114th fiscal year financial report and 115 Q1 financial report

4. Other Matters to be Disclosed:

I. This announcement is made in accordance with the Financial Supervisory Commission’s letters dated April 1, 115 (No. 1150339369), May 18, 115 (No. 1150344393), and the Taiwan Stock Exchange Corporation’s letters dated April 10, 115 (No. 1151801247) and May 20, 115 (No. 1150009230).

II. Previously, the company was unable to obtain the legally compliant financial statements for the 114th fiscal year—approved by Fusing Company’s board and audited by certified public accountants—from Fusing Company, an equity-method investee. As a result, the company’s auditor determined there was insufficient and appropriate audit evidence regarding accounting items related to Fusing, issuing a qualified opinion. Subsequently, due to Fusing’s failure to provide financial statements and related information for the first quarter of 115, the auditor again concluded there was insufficient and appropriate review evidence to form an opinion on the relevant accounting items in the company’s Q1 115 financial report, resulting in a disclaimer of opinion.

III. Consequently, due to Fusing Company’s repeated failure to provide legally required financial reports for both the 114th fiscal year and the first quarter of 115, the Taiwan Stock Exchange announced the suspension of trading of the company’s securities.

IV. In response, the company repeatedly sent formal requests to Fusing Company demanding the overdue financial reports. Finally, at 17:17 on June 11, 115, the company received the board-approved, auditor-verified financial statements for Fusing’s 114th fiscal year and its Q1 115 financial information. These documents were immediately forwarded to the company’s auditor for verification. A special board meeting is now scheduled to approve the restated financial reports, which will then be publicly disclosed in compliance with regulations, effectively safeguarding the company’s and all shareholders’ interests.

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Source: PR Times
Category: News
Dates in source: 115/06/12 / 115/06/15

Zhongfu Announces Board Meeting Date for Restated 114th Fiscal Year Financial Report and 115 Q1 Financial Report

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