RUIXIN INT'L (00724): The electronic product business is unable to sustain basic operations and intends to terminate the employment of all remaining employees in December 2024.

RUIXIN INT'L (00724) announces that as of the date of this announcement, the Group has almost no sales orders for its electronic products business. From January 1, 2024 to October 31, 2024, the total revenue from sample and scrap sales for the Group is approximately HK$84,000. Due to a lack of financial and other resources support, the Group's electronic products business is unable to sustain basic operations and intends to terminate the employment of all remaining staff by December 2024. In addition, the trading of the company's shares remains suspended.