Xin Yuan Enterprises Group Ltd. Appoints Independent Advisors Amid Trading Suspension and Internal Control Review

Reuters
06/05
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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xin Yuan Enterprises Group Ltd. published the original content used to generate this news brief on June 05, 2025, and is solely responsible for the information contained therein.

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