RONGTA TECH Receives Stock Exchange Guidance for Trading Resumption

Stock News
04/27

RONGTA TECH (09881) announced that on April 24, 2026, the company received a letter from the Stock Exchange outlining the following guidance for the resumption of trading in its shares: (a) conduct an appropriate independent forensic investigation into the related transactions that led to audit issues, assess their impact on the company's business operations and financial position, disclose the investigation results, and implement appropriate remedial measures; (b) demonstrate that there are no reasonable regulatory concerns regarding the integrity, competence, and/or character of the group's management and/or any individuals with significant influence over the company's management and operations, in order to avoid risks to investors and damage to market confidence; (c) appoint an independent internal control advisor to conduct an independent internal control review, and demonstrate that: significant deficiencies related to the trading suspension have been rectified and all necessary remedial measures have been taken; and the company's internal controls are sufficient and effective to fulfill their duties, enabling the company to comply with the Listing Rules in all material respects, including but not limited to financial reporting, disclosure, and compliance and disclosure of material information regarding notifiable and connected transactions; (d) publish all outstanding financial results as required by the Listing Rules and address any audit modifications; (e) demonstrate that the company complies with the provisions of Listing Rule 13.24; (f) inform the market of all material information to enable the company's shareholders and other investors to assess its condition.

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