Vital Innovations Holdings Limited on 30 June 2026 released its quarterly progress report on efforts to resume trading of its shares on the Hong Kong Stock Exchange, where dealing has been suspended since 1 April 2026.

Key developments are as follows:

1. Remediation of Audit Disclaimer • The company outlined “Plans and Measures” to resolve audit modifications flagged in the FY 2025 results. • Since January 2026, management has collected approximately RMB46.00 million in prepayments and deposits and RMB18.00 million in trade receivables, narrowing outstanding balances by RMB64.00 million. • Legal letters have been sent to suppliers concerning overdue prepayments and deposits totalling about RMB450.00 million. Supporting documents—including bank receipts and settlement records—are being prepared for auditors in the next audit cycle.

2. Going-Concern Support • A cash-flow forecast covering 31 March 2026 to 31 March 2027 has been submitted. Management maintains that existing liquidity will meet operational and financial obligations over the coming twelve months, supported by additional evidence already provided to external auditors.

3. Compliance with Listing Rule 13.24 • Core operations—trading of mobile and smart appliances, mobile-related components, accessories, and LED products—continue without material disruption. The group’s capabilities span R&D, design engineering, supply-chain management, logistics, and technical support.

4. Ongoing Disclosure • The board reiterated its commitment to keep shareholders informed of all material developments related to audit remediation, business performance, and resumption progress through further announcements.

Trading in Vital Innovations shares remains suspended until further notice. Shareholders and prospective investors are advised to exercise caution when dealing in the company’s securities.