EVERG VEHICLE (00708) Receives Supplementary Resumption Guidance from HKEX, Trading Remains Suspended

Stock News
08/07

EVERG VEHICLE (00708) announced that the company has received supplementary guidance from the Hong Kong Stock Exchange regarding the resumption of trading of its shares on the exchange. This supplementary resumption guidance, together with the initial resumption guidance (collectively referred to as the "resumption guidance"), requires the company to re-comply with the relevant provisions of the Listing Rules.

Before the shares are permitted to resume trading, the company must satisfy all resumption guidance requirements, remedy the issues that led to the trading suspension, and fully comply with the Listing Rules to the satisfaction of the Hong Kong Stock Exchange. Should the company's circumstances change, the exchange may modify or supplement the resumption guidance.

If the shares remain continuously suspended for 18 months (expiring on September 30, 2026), the Hong Kong Stock Exchange may cancel the listing status of the shares. Should the company fail to remedy the issues causing the suspension, fulfill the resumption guidance requirements, and fully comply with the Listing Rules to the satisfaction of the exchange and resume share trading before September 30, 2026, the Listing Division of the Hong Kong Stock Exchange will recommend to the Listing Committee the cancellation of the company's listing status.

The Hong Kong Stock Exchange reserves the right to impose shorter specific remedial periods or immediately cancel the company's listing status under appropriate circumstances. Additionally, the company's shares continue to remain suspended from trading.

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