NETJOY (02131) Obtains HKEx Resumption Guidance Requirements

Stock Track
07-15

NETJOY (02131) disclosed on July 8, 2025, that the Hong Kong Stock Exchange (HKEx) issued formal directives for the company's share resumption. The communication outlined six critical compliance conditions: (i) Commission an independent forensic investigation into prepayments and related transactions to evaluate operational and financial impacts, with mandatory disclosure of findings and corrective implementation; (ii) Provide evidence refuting regulatory concerns about management integrity, competence, or character for individuals significantly influencing corporate governance, eliminating potential investor risks and market confidence erosion; (iii) Undergo comprehensive internal control assessments demonstrating establishment of adequate procedures to fulfill Listing Rules obligations; (iv) Publish all outstanding financial statements per regulatory requirements while resolving audit modifications; (v) Substantiate adherence to Listing Rule 13.24 regarding sufficient operations and assets; (vi) Disclose all material information enabling shareholders and investors to properly evaluate the company's position. Trading suspension of the company's shares remains in effect pending fulfillment of these requirements.

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