Tianyun International Holdings (06836) issued an announcement. The Securities and Futures Commission issued on April 12, 2024...
Zhitong Financial App News, Tianyun International Holdings (06836) issued an announcement. The Securities and Futures Commission issued instructions under section 8 (1) of the Securities and Futures (Listing on the Securities Market) Rules (571V of the Hong Kong Legislation) on April 12, 2024 to suspend trading of the company's shares from 9:00 a.m., on April 15, 2024. The reason is that the Securities Regulatory Commission believes that: (i) the company's annual report/performance for the year ended December 31, 2020 and December 31, 2021, and up to The interim report/results for the six months ended June 30, 2022 contain material false, incomplete or misleading information; (ii) it is necessary or expedient to maintain an orderly and fair market for the company's shares; and (iii) such practices are in the interest of public investors or the public interest, or are appropriate to protect the interests of public investors or investors in the company's shares.
Based on data initially reviewed by the board of directors, the Group currently holds a bank balance of approximately RMB 1.1 million. A company may make a statement to the Securities Regulatory Commission regarding section 8 (1) instructions in accordance with section 9 (1) of the securities market listing rules. The Company is currently requesting advice from counsel on section 8 (1) and will issue further announcements in due course.