HUISEN SHARES received resumption guidance from the Stock Exchange and continues to be suspended
HUISEN SHARES received the resumption guidance from the Stock Exchange, requiring an independent forensic investigation, internal control review, etc., to ensure compliance and management integrity. The company's shares will remain suspended until all resumption conditions are met
According to the announcement from HUISEN SHARES (02127) on the Zhitong Finance APP, on July 21, 2025, the company received a letter from the Stock Exchange, which outlined the following guidelines for the resumption of trading of the company's shares (resumption guidelines):
(i) Conduct an independent forensic investigation to determine any potential abuse or misappropriation of funds and assets, unauthorized transactions, and/or violations of listing rules, including but not limited to matters related to unauthorized transactions, undisclosed claims, reclassifications, and other losses; assess the impact on the company's business operations and financial condition; publish the investigation results; and take appropriate remedial measures;
(ii) Demonstrate that there are no reasonable concerns regarding the integrity, capability, and/or character of any individuals who have significant influence over the management of the group and/or the management and operation of the company, as this may pose risks to investors and damage market confidence;
(iii) Conduct an independent internal control review to demonstrate that the company has adequate internal controls and procedures to fulfill the obligations stipulated by the listing rules;
(iv) Demonstrate compliance with the provisions of Listing Rule 13.24; and
(v) Communicate all material information to the market so that the company's shareholders and other investors can assess the company's condition.
In addition, the company's shares remain suspended
