Fullwealth International Holdings (01034) announced that the company mainly engages in (i) civil engineering, construction and other projects, and (ii) media and entertainment business. Due to China's policies on education and training business effective from 2022, the Group has ceased to provide new cultural and art education courses, but has started live e-commerce business in China. The Group will continue to ensure the smooth operation of its business. The board of directors will continue to evaluate and monitor the impact (if any) of the suspension of trading of the company's shares on the operation and financial performance of the Group, and take appropriate measures, including issuing announcements regarding the Group's business operations when appropriate.

The company's shares continue to be suspended from trading.