Rongke Holdings (02323) received guidance on resuming trading and continued to suspend trading

According to the Zhitong Finance App, Rongke Holdings (02323) issued an announcement. On May 6, 2025, the Company received a letter from the Stock Exchange setting out the following guidelines on resuming share trading (resumption guidelines):

(a) Conduct an independent forensic investigation on the background and authenticity of the loan, including the responsibilities and role of the director approving the loan; and the authenticity and legality of the alleged sale (such matters), assess the impact on the company's business operations and financial situation, publish the results of the independent investigation, and take appropriate remedial measures;

(b) Prove that no reasonable regulatory issue relating to the integrity, ability and/or character of the Group's management and/or the integrity, ability and/or character of any person having a significant impact on the management and operation of the Company would pose a risk to investors and damage market confidence;

(c) Conduct an independent internal control review and prove that the Company has established sufficient internal controls and procedures to comply with the listing rules;

(d) Resolve the issues that led to the auditor's inability to express an opinion (inability to express an opinion) on the financial results for the year ended 31 December 2024 (2024 results), ensure that it is no longer necessary to express an opinion on such issues, and disclose sufficient information to enable investors to make an informed assessment of their financial position in accordance with section 13.50A of the Listing Rules;

(e) certify that the Company complies with the requirements of section 13.24 of the Listing Rules; and

(f) Disclose all important information to the market for the Company's shareholders and other investors to assess the Company's situation.

Furthermore, trading of the company's shares continues to be suspended.