Xiushang Era (01849.HK) announced that yesterday (23rd), it received a letter from the Stock Exchange containing five items regarding the guidelines for resuming the trading of the company's shares.

These involve the disclosure of all undisclosed financial performance as stipulated by the listing rules, addressing any audit modifications; demonstrating that there are no reasonable regulatory concerns regarding the integrity, capability, and/or character of the management and/or any individuals with significant influence over the management and operations of the company that could pose a risk to investors and undermine market confidence; conducting an independent internal control review and demonstrating that the company has adequate internal controls and procedures in place to comply with the listing rules; proving that the company complies with Section 13.24 of the listing rules; and informing the market of all important information to enable shareholders and investors to assess the company's situation.

Currently, the company's digital marketing business continues as usual, but due to the Board of Directors being unable to obtain relevant information and documents regarding the online e-commerce platform business, it has been unable to confirm the status of the company's online e-commerce platform business.

The company's shares have been suspended from trading since September 24 and will continue to be suspended until all conditions set forth in the resumption guidelines are met.