Xin Yuan Enterprises Group Ltd. Appoints Independent Advisors Amid Trading Suspension and Internal Control Review
Xin Yuan Enterprises Group Ltd. has announced the appointment of an independent legal adviser to the special committee, an independent forensic investigator, and an independent internal control consultant. This move is part of an internal review prompted by the suspension of trading in its shares on the Hong Kong Stock Exchange since February 21, 2025. The suspension occurred pending the release of inside information. The company has assured shareholders and potential investors that further announcements regarding the progress and findings of the internal control review will be made as necessary. Investors are advised to exercise caution when dealing with the company's securities.
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