The non-executive directors of Chinese sportswear group Naibu have filed a statement saying that they are unable to provide financial guidance as the China-based directors will not respond.

The statement said: “The non-executive directors of Naibu are disappointed to report that they have been unable to obtain any information regarding the company's trading operations in China, and therefore they are currently unable to provide shareholders with any update on the financial position of the company. Neither Lin Huoyan, the chairman, nor Lin Congdeng, executive director, have responded to requests from the non-executive directors to provide such information.

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