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HOSE announced that Duc Giang Chemicals Group Joint Stock Company (DGC-HOSE) will be placed on a warning list from 23 April 2026 due to the issuer’s late submission of its 2025 audited financial statements by more than 15 days beyond the deadline, under Point g, Clause 1, Article 40 of the Listing and Trading Regulations.
HOSE previously added DGC to the list of securities not eligible for margin trading because the 2025 audited financial statements were published more than five working days after the information deadline.
On 17 March 2026, the Ministry of Public Security’s Investigation Agency announced the initiation of a case titled “Environmental pollution; violations of regulations on exploration, exploitation, and resource use; accounting violations causing serious consequences” at Duc Giang Chemical Group JSC and related units.
Following the announcement, the company disclosed unusual information to UBCKNN, HOSE, and on its own website on 17 March 2026. The case remains under investigation, with numerous accounting files sealed and held by the Investigation Agency, preventing the company from completing the audit of 2025.
Under Circular 96/2020/TT-BTC, a public company must publish its audited annual financial statements within 10 days from the auditing firm signing the audit report, but no later than 90 days after year-end.
Due to force majeure, DGC requested UBCKNN and HOSE to consider allowing late filing of the 2025 audited financial statements after 30 March 2026. DGC stated that once the 2025 audit can proceed, it will work with the auditing firm and publish full information on the 2025 audit report upon completion.
DGC also announced an Extraordinary General Meeting on 8 May 2026 at the Hanoi Convention Center to approve the dismissal of board members for the 2024–2029 term, including Chairman Đào Hữu Huyền, Vice Chairman Đào Hữu Duy Anh, and board member Phạm Văn Hùng (all of whom are under investigation by the police). The meeting will also elect three new directors for the remainder of the term.
At the close of 17 April, DGC stock fell another 0.73% to 54,500 dong per share, the lowest price in more than three years. This move reduced DGC’s market capitalization to about 20.697 trillion dong.
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