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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 According to the Resumption Guidance, the company must: (a) publish all unpublished financial results as required by the listing rules and address any audit revisions; (b) demonstrate that the company has complied with Rule 13.24 of the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.
Express News | Ruixin International - Intends to Terminate Employment for All Remaining Staff in December
Ruixin International CFO Resigns Citing Unpaid Wages
ruixin int'l (00724): Li Yang appointed as the legal process agent.
ruixin int'l (00724) announced that due to the company's financial situation, Huang Hanshui has submitted his resignation as the executive director of the company...
Express News | Ruixin International - Huang Hanshui Tendered His Resignation as an Executive Director and Chief Financial Officer
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