Ruisen Life Service Co, Limited (stock code: 1922) issued a quarterly update detailing its resumption progress, submission of a resumption application, and continued trading suspension. The company stated that all outstanding financial results required under the Listing Rules have been published, and identified past misstatements have been corrected based on findings from an independent forensic accountant.

According to recent disclosures, previous executive and non-executive directors related to identified issues have been removed, retired, or have resigned. The newly appointed management team, which has no prior affiliations with the company’s former major shareholders, implemented training on listing compliance and reinforced governance to address gaps highlighted in an independent internal control review. The review identified deficiencies that have since been remedied, and the company reported that its enhanced internal control system satisfies its Listing Rule obligations.

Ruisen Life Service Co, Limited focuses on property management services, consistently operating in residential and non-residential segments. Revenue grew 4.10% from 957.80 million renminbi in the six months ended 30 June 2024 to 997.00 million renminbi in the same period in 2025, driven by new projects. Profit for the period reached 57.50 million renminbi, and net assets stood at 266.40 million renminbi as of 30 June 2025, reflecting the company’s continued business viability.

The resumption application was submitted to the Stock Exchange on 9 February 2026. Trading in the company’s shares has been suspended since 28 August 2024 and will remain on hold pending further review. Ruisen Life Service Co, Limited indicated it will continue providing updates in accordance with regulatory requirements.