公众股东进一步表示支持覆核申请，及公司尽一切努力保障公众投资者的利益。公众股东亦支持公司新任管理层努力改善公司的企业管治常规、恢复业务运营，以及争取股份在联交所恢复买卖。Grail announced on December 2nd that on November 29, 2024, the company received an appeal letter from a public shareholder dated November 27, 2024, addressed to the company, the Hong Kong Stock Exchange, the Securities and Futures Commission, and the public. In the letter, the public shareholder expressed deep concern over the Stock Exchange's decision to immediately delist the company.
Given the scale and timeframe of the suspected fraud case, public shareholders are calling for the company's alleged financial improprieties to be classified as financial fraud. They demand regulatory authorities to investigate the matter thoroughly, as the Securities and Futures Commission suspects the involvement of former senior management of the company, namely Mr. Yang Ziyuan (former Chairman, Executive Director, and CEO), Mr. Sun Xingyu (former Executive Director), and Mr. Sun Lei (former CFO), and to bring them to justice to uphold order in the Hong Kong securities market.
Public shareholders express that the immediate delisting of the company by the Stock Exchange will leave the company's public investors in a state of distress. Conversely, public shareholders are urging the Stock Exchange to give the new management of the company the opportunity to address the issues and steer the company back on track.
Furthermore, public shareholders express support for the review application and the company's efforts to safeguard the interests of public investors. Public shareholders also support the new management's efforts to enhance the company's corporate governance practices, resume business operations, and seek the resumption of trading of shares on the Stock Exchange.