Minshang Innovation & Technology (01632) received guidance from the Stock Exchange to resume trading and continued to suspend trading

Zhitongcaijing · 1d ago

Zhitong Finance App News, Minshang Innovation & Technology (01632) issued an announcement. On September 18, 2026, the Company received a letter from the Stock Exchange relating to the resumption of trading guidelines (resumption guidelines).

The guidelines for the resumption of trading were as follows: (a) conduct an appropriate independent investigation of the matters raised in the letter of resignation of the Company's auditors and former independent non-executive directors, assess the impact of such matters on the Company's business operations and financial situation, publish the findings of the independent investigation and take appropriate remedial action; (b) appoint an independent internal control consultant to conduct an independent internal control review and prove that: (i) the significant defects identified in the suspension of trading have been rectified and all necessary remedies have been properly implemented; and (ii) the Company's internal controls were effective enough to achieve its objectives, and The Company is able to comply with the listing rules and other legal and regulatory requirements, including financial reporting, disclosure and compliance relating to disclosures and related transactions, and disclosure of insider information; (c) publish all unpublished financial results and reports in accordance with the listing rules and resolve any audit revisions; (d) prove that the Company complies with section 13.24 of the Listing Rules; and (e) inform the market of all important information so that the Company's shareholders and investors can assess the Company's situation.

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