China Beidahuang Industry Group Holdings Limited has received formal resumption guidance from the Stock Exchange of Hong Kong, requiring the company to:
1) publish all outstanding financial statements and resolve any audit qualifications; 2) commission an independent consultant to conduct an internal-control review and confirm the adequacy and effectiveness of remedial measures; 3) prove compliance with Listing Rule 13.24 regarding sufficient business operations; and 4) disclose all material information needed for investors to assess the company’s position.
The exchange has set a hard deadline of 30 September 2027—18 months from the trading suspension start date—for the company to meet all conditions or face potential delisting.
Key progress and timetable • Audit status: the 2024 audit fee has been fully settled, enabling the 2025 annual audit to begin by end-August 2026. Management plans to release the 2025 annual results and annual report by end-November 2026. • Internal controls: the group is in the process of appointing an external independent consultant to conduct the required internal-control review, after which any findings and remedial actions will be disclosed. • Operations: despite the suspension effective 1 April 2026, the group continues to sell green food products, grains, cooking oil, alcohol and beverages, fruits, frozen foods, fresh meat, and operate its konjac product chain and logistics/office rentals in Hong Kong and mainland China. The board believes these businesses constitute a sufficient level of operations under Rule 13.24.
Regulatory obligations Until trading resumes, China Beidahuang must: • keep the suspension period as short as possible; • continue to comply with all Listing Rules, including quarterly updates—first due on or before 10 August 2026—and timely disclosure of inside information; and • confirm in each announcement that trading remains suspended and explain the reasons.
Trading in China Beidahuang shares (HKEX: 00039) remains halted since 9:00 a.m. on 1 April 2026. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.