Graphex Group Ltd. has received a delisting letter from NYSE American LLC, leading to a suspension of trading for its American Depositary Shares (ADSs) under the symbol "GRFX" as of May 14, 2025. This action was taken due to the company's failure to file its Form 20-F for the year ended December 31, 2023, on time with the Securities and Exchange Commission. The ordinary shares of Graphex Group, listed on the Stock Exchange of Hong Kong, remain unaffected.
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