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ruixin int'l (00724.HK) appointed Lai Bitzy as the company secretary
On December 5th, Gram Exchange announced that Mr. Yang Junjie is no longer one of the authorized representatives of Ruixin Int'l (00724.HK) as stipulated in Article 3.05 of the Hong Kong Stock Exchange's listing rules. The board of directors is pleased to announce that Ms. Li Bizhi has been appointed as (i) one of the authorized representatives; (ii) the company's secretary; and (iii) the agent representing the company in Hong Kong to receive legal procedure documents and notifications in accordance with Part 16 of the Companies Ordinance (Hong Kong Legislation Chapter 622) and Listing Rule 19.05(2). The above appointments will take effect from December 5, 2024.
Ruixin Int'l Group (00724) is actively considering various methods to properly manage and restart the business while continuing to be suspended.
Ruixin int'l (00724) issued an announcement that the group mainly engages in the manufacturing and trading of electronic and electrical parts and components. ...
ruixin int'l (00724.HK) has received guidance from the Hong Kong Stock Exchange to resume trading and will continue to be suspended.
Gelonghui reported on November 24 that ruixin int'l (00724.HK) announced that on November 20, 2024, the company received a letter from the stock exchange, which contained guidance regarding the resumption of trading of the company's shares on the exchange ("Resumption Guidance"). According to the Resumption Guidance, the company must: (a) publish all unpublished financial results as required by the listing rules and address any audit revisions; (b) demonstrate that the company has complied with Rule 13.24 of the listing rules; (c) re-compliance with Rules 3.10(1), 3.21, 3.27A, and 3.28; and (d) notify the market of all significant information.
Ruixin int'l (00724.HK) electronic products business cannot maintain basic operations.
On November 14, Gelonghui reported that ruixin int'l (00724.HK) announced that as of the date of this announcement, the group has received almost no sales orders for its electronic products business. From January 1, 2024, to October 31, 2024, the group's total revenue from sample and waste sales is approximately HKD 84,000. Due to a lack of financial and other resource support, the group's electronic products business is unable to sustain basic operations and plans to terminate the employment of all remaining staff by December 2024.
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