Jianzhong (589) Announces Listing Cancellation Decision

Bulletin Express
Oct 22

Jianzhong Construction Development Limited (589) received a letter on 10 October 2025 from The Stock Exchange of Hong Kong Limited, indicating that the Listing Committee has decided to cancel the company’s share listing under Rule 6.01A(1). The committee noted that trading in Jianzhong’s shares had remained suspended since 2 April 2024 and that none of the resumption guidance had been fulfilled.

According to the letter, 24 October 2025 will be the last day of listing for Jianzhong’s shares, and the cancellation will take effect from 9:00 a.m. on 27 October 2025. The company stated that significant efforts were made toward resumption but acknowledged that work under the Resumption Guidance could not be completed within the required timeline. After considering its circumstances, the company will not apply for a review of the Listing Committee’s decision.

Share certificates will remain valid after 27 October 2025, yet the shares will no longer be listed or tradeable on the exchange, leaving no public market for the securities. Information on future developments, proposals, and financial updates will continue to be made available on the company's website. The Hong Kong share register will remain in place, and shareholders are advised to direct any transfer or re-registration requests to the registrar, Tricor Investor Services Limited. Shareholders are encouraged to seek professional advice regarding any implications of the listing cancellation.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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