Wenye Group Holdings Ltd. is facing significant financial challenges as the Hong Kong Stock Exchange's Listing Committee has expressed serious concerns regarding the company's viability under Listing Rule 13.24. The company's building decorative and design business has diminished to a minimal scale, recording minimal revenue and consistent net losses over the past four years. Despite a recent disposal of its major operating subsidiary, Shenzhen Wenye Decoration Design Engineering Co., Ltd, the company remains in a precarious financial position with minimal cash reserves and significant net liabilities. The outcome of any potential review by the Listing Review Committee remains uncertain, and shareholders are advised to exercise caution.