G China Fin (00431.HK) opened low this morning by 10.3%, currently trading at 0.01 yuan, down 87.2%, with a trading volume of 0.213 billion shares, involving capital of 2.5664 million yuan.

The company announced yesterday that it received a notice letter from the Stock Exchange, stating that the company was unable to maintain sufficient business operations and assets of significant value to support its operations and allow its shares to continue trading. In accordance with Listing Rule 13.24, the Stock Exchange has decided to suspend trading of the company's shares from September 2nd this year, unless the company applies for a review of this decision in accordance with its rights under Chapter 2B of the Listing Rules. The deadline for the review application is by the end of this month, 30th.

According to Listing Rule 6.01A(1), if a company's shares remain suspended for 18 months, the Stock Exchange may cancel its listing status. G China Fin stated that it is currently reviewing the Stock Exchange's letter and conducting internal discussions and consultations with professional advisors. No decision has been made yet whether to request a review of this decision.