Ronghui Holdings (08213) received a letter from the Stock Exchange stating that it did not comply with GEM section 17.26 and plans to suspend trading on November 16

Zhitong Finance App News, Ronghui Holdings (08213) issued an announcement. The company received a letter dated November 4, 2026 (“this letter”) from the Stock Exchange informing the company of its decision. After considering the information available to it, the company failed to maintain sufficient business operations and have significant assets to support its operations in accordance with section 17.26 of the GEM Listing Rules, so that the company's shares (“Shares”) can continue to be listed, and decided to suspend stock trading on November 16, 2026 in accordance with section 9.04 (3) of the GEM Listing Rules (“the decision”) ”), subject to the review procedure described below.

According to the letter, if stock trading is suspended, the company must re-comply with section 17.26 of the GEM Listing Rules, agree to any resumption guidelines the Stock Exchange may prescribe, and fully comply with the GEM listing rules in a manner that the Stock Exchange is satisfied with before shares can resume trading. According to section 9.14A (1) of the GEM Listing Rules, the Stock Exchange may cancel the listing status of shares if trading is suspended for 12 consecutive months.

According to this letter and Chapter 4 of the GEM Listing Rules, the company has the right to request that the decision be submitted to the GEM Listing Committee for review. Requests for review must be delivered to the GEM Listing Committee Secretary within seven business days (i.e. on or before November 13, 2026) from the date of the decision. Unless the company applies for review in accordance with Chapter 4 of the GEM Listing Rules within the above period, trading of shares will be suspended on November 16, 2026.

The company is seeking opinions from external advisors and will actively consider submitting the decision to the GEM Listing Committee for review. Shareholders and potential investors should note that the results of the review (if carried out) are uncertain. The company's shares will continue to be traded while it is decided whether to request a review of the decision.