[Xingtai] Correction Notice for March and Cumulative March-April Revenue
Xingtai Industry announced a correction for its March and cumulative March-April revenue after adjusting the timing of revenue recognition for subsidiaries following an audit of the first quarter of 2026.
📋 Article Processing Timeline
- 📰 Published: May 19, 2026 at 09:00
- 🔍 Collected: May 20, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 20, 2026 at 09:00 (1h 0m after Collected)
1. Date of Occurrence: 2026/05/19
2. Company Name: Xingtai Industry Co., Ltd.
3. Relationship with the Company: The Company
4. Mutual Shareholding Ratio: Not Applicable
5. Reason for Occurrence: Following the audit of the first quarter of 2026 by certified public accountants, adjustments were made to the timing of revenue recognition for subsidiaries.
6. Items/Reports Corrected: March monthly revenue; Cumulative revenue for March-April.
7. Figures/Content Before Correction:
March monthly revenue 27,060,000 NTD; Cumulative revenue 66,770,000 NTD.
April monthly revenue 14,862,000 NTD; Cumulative revenue 81,632,000 NTD.
8. Figures/Content After Correction:
March monthly revenue 19,260,000 NTD; Cumulative revenue 58,970,000 NTD.
April monthly revenue 14,862,000 NTD; Cumulative revenue 73,832,000 NTD.
9. Countermeasures: After publishing the significant information on the Market Observation Post System (MOPS), the corrected amounts were re-uploaded.
10. Other Matters: None.
2. Company Name: Xingtai Industry Co., Ltd.
3. Relationship with the Company: The Company
4. Mutual Shareholding Ratio: Not Applicable
5. Reason for Occurrence: Following the audit of the first quarter of 2026 by certified public accountants, adjustments were made to the timing of revenue recognition for subsidiaries.
6. Items/Reports Corrected: March monthly revenue; Cumulative revenue for March-April.
7. Figures/Content Before Correction:
March monthly revenue 27,060,000 NTD; Cumulative revenue 66,770,000 NTD.
April monthly revenue 14,862,000 NTD; Cumulative revenue 81,632,000 NTD.
8. Figures/Content After Correction:
March monthly revenue 19,260,000 NTD; Cumulative revenue 58,970,000 NTD.
April monthly revenue 14,862,000 NTD; Cumulative revenue 73,832,000 NTD.
9. Countermeasures: After publishing the significant information on the Market Observation Post System (MOPS), the corrected amounts were re-uploaded.
10. Other Matters: None.
FAQ
What did Xingtai Industry correct in this news?
They corrected the revenue figures for March and the cumulative revenue for March-April, following an adjustment to the timing of subsidiary revenue recognition.
How does this announcement affect investors?
It is a procedure to ensure the accuracy of financial reporting, which is evaluated as a sign of commitment to corporate governance and transparency.
What are the main keywords for this news?
Material Information, Financial Restatement, Revenue Announcement.