According to HNX, the reason is that CC1 is late in submitting the 2025 financial statements that have been audited for more than 45 days from the date of expiration of the information disclosure deadline as prescribed.
With this penalty, CC1 shares are only traded on Fridays every week. At the same time, within 15 days from the date the shares are restricted from trading, CC1 must have a document sent to HNX explaining the reasons and proposing remedial measures.
Previously, according to the Board of Directors' resolution on May 14, CC1 announced the termination of cooperation with Deloitte and chose UHY Auditing and Consulting Co., Ltd. as a replacement to conduct separate and consolidated financial statements audits for 2025. The enterprise said that the reason was that Deloitte "did not ensure the progress of the audited financial statements for 2025 according to the signed contract".
In a written explanation sent to functional agencies in April 2026, General Director Le Bao Anh said that the workload in 2025 increased sharply when revenue (parent company) increased by 21%, at the same time the enterprise implemented many large projects across the country.
According to the leader of CC1, the two sides "have not yet reached consensus on some views on the parts of work to be processed", so the enterprise needs more time to complete to ensure the accuracy and objectivity of the financial statements.
Regarding the business situation, according to the consolidated financial statements for the first quarter of 2026, CC1 brought in net revenue of more than 2,354 billion VND, an increase of 58.2% compared to the same period last year. After deducting taxes and fees, the enterprise reported a net profit of more than 9.5 billion VND, an increase of 2.2%.
As of March 31, 2026, CC1's total assets increased by 10% compared to the beginning of the year, reaching nearly 18,824 billion VND. Of which, short-term receivables recorded more than 8,727 billion VND, accounting for 46.4% of total assets; inventory nearly 3,003 billion VND, accounting for 16% of total assets.
CC1's total payables are nearly 14,285 billion VND, an increase of 13.5% compared to the beginning of the year. Of which, businesses borrowing and financial leasing debts are more than 6,578 billion VND, accounting for 46.1% of total debt; short-term prepayment by buyers is more than 3,645 billion VND, accounting for 25.5% of total debt.
