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Putian food requests the Listing Review Committee to review the delisting decision.
Putian food (01699) announced that on October 18, 2024, the company received a letter from the Hong Kong Stock Exchange, stating that the Listing Committee of the Stock Exchange has decided to cancel the company's listing status according to Listing Rule 6.01A(1). On October 28, 2024, the company requested a review of the decision by the Listing Review Committee. At the company's request, the trading of the company's shares was suspended on the Hong Kong Stock Exchange at 9:00 am on April 3, 2023, and will remain suspended until further notice, pending the issuance of resumption guidance and any supplementary or amended requirements.
Costs for 90% of pig enterprises have dropped to the range of 14 yuan: many companies say there is still room for cost reduction. Will profits stabilize next year? | Industry Observation
① 90% of the listed pork enterprises have reduced their costs to the range of 14 yuan per kilogram, including 5 enterprises such as Sunlon, Muyuan Foods, and Wens Foodstuff Group have reduced to the range of 13 yuan per kilogram; ② Many listed pork enterprises have indicated that there is still some room for cost reduction in the fourth quarter and next year; ③ Industry insiders believe that the cost reduction achievements have become the moat for the long-term development of pig enterprises. While helping companies expand profit margins, it also enhances the resilience of the companies against risks.
China Putian Food Faces Delisting Amid Trading Suspension
Putian Food (01699.HK) requests the Listing Review Committee to review the decision of the Listing Committee.
Glory Times on November 4th, putian food (01699.HK) announced that on October 28, 2024, the company requested the Listing Review Committee to review the decision of the Listing Committee.
Express News | China Putian Food- on 18 Oct Co Received Letter From Stock Exchange Stating That Listing Committee Has Decided to Cancel Co's Listing
China Putian Food Faces Financial Hurdles Amidst Recovery Efforts
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