CT IND GROUP: Requests a review of the decision made by the Stock Exchange according to GEM Listing Rule 17.26
CT IND GROUP issued a statement requesting a review of the decision made by the Stock Exchange according to GEM Listing Rule 17.26. The Stock Exchange believes that the company has failed to maintain sufficient business operations and possesses substantial assets to support the continued listing of its shares. The company submitted a written request on October 13, 2025, to have this decision presented to the GEM Listing Committee for review, and trading of the shares will continue. The company will make another announcement if there are significant developments
According to the announcement from China Technology Industry Group (08111), the company received a letter from the Hong Kong Stock Exchange, notifying that the Listing Division has decided that the company has failed to maintain sufficient business operations and possess substantial assets as required under GEM Listing Rule 17.26 to support the continued listing of its shares, except for the company's application for a review of this decision.
After seeking professional advice, the company submitted a written request on October 13, 2025, to have this decision reviewed by the GEM Listing Committee of the Hong Kong Stock Exchange in accordance with Chapter 4 of the GEM Listing Rules. Therefore, trading of the company's shares will continue. Should there be any significant developments regarding the above matters, the company will issue a further announcement in due course in accordance with the requirements of the GEM Listing Rules
