Tian Yuan GP (06119) has received a resumption guidance from the Stock Exchange and will continue to be suspended.

date
19:06 08/05/2026
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GMT Eight
Tianyuan Group (06119) announced that on April 30, 2026, the company received a letter from the Hong Kong Stock Exchange regarding the resumption of trading of shares, listing the following resumption guidelines.
TIAN YUAN GP (06119) Announcement: On April 30, 2026, the company received a letter from the Stock Exchange regarding the resumption of trading of shares. The following resumption guidelines were listed: (i) Publish all outstanding financial performance as required by the listing rules and address any audit modifications; (ii) Conduct an independent forensic investigation on audit issues raised in the auditor's letter, assess the impact on the company's business operations and financial condition, disclose the results, and take appropriate remedial measures; (iii) Demonstrate the integrity, ability, and/or character of the management of the group and/or anyone with significant impact on the company's management and operations do not raise reasonable regulatory concerns that may pose risks to investors and damage market confidence; (iv) Commission an independent internal monitoring consultant to conduct an independent internal monitoring review and demonstrate that: (i) identified significant defects related to the suspension of trading have been corrected and all necessary remedial actions have been taken; and (ii) the company's internal controls are sufficient and effective to achieve their purposes, and enable the company to comply with the listing rules in all material aspects, including but not limited to financial reporting, disclosures related to necessary publications, and compliance with related transactions, as well as disclosure of significant information; (v) Demonstrate compliance with section 13.24 of the listing rules; and (vi) disclose all important information to the market for evaluation by the company's shareholders and other investors. The resumption guidelines specify that the company must comply with all resumption guidelines, rectify the issues that led to the suspension of trading, and fully comply with the listing rules before the Stock Exchange can approve the resumption of trading of its securities. In this regard, the company has the primary responsibility for developing its resumption action plan. Although the company may seek guidance from the Stock Exchange on its resumption plan, the approval of the Stock Exchange is not required before implementing the resumption plan. If there are changes in the company's situation, the Stock Exchange may amend or supplement the resumption guidelines. Under listing rule 6.01A (1), the Stock Exchange may cancel the listing status of any stock that has been suspended continuously for 18 months. For the company, the 18-month period will expire on September 25, 2027. If the company fails to rectify the issues that caused the suspension, reach resumption guidelines and fully comply with the listing rules to gain the trust of the Stock Exchange and resume trading of shares by September 25, 2027, the Stock Exchange's Listing Division will recommend to the Stock Exchange Listing Committee to cancel the company's listing status. The Stock Exchange also has the right to impose a shorter specific remedial period in appropriate circumstances under listing rules 6.01 and 6.10. The company must also comply with the listing rules and all applicable laws and regulations in Hong Kong and its place of registration before resumption. During the suspension, the company must also adhere to its responsibilities under the listing rules, including, but not limited to, the following: (a) as required by listing rule 6.05, to shorten any suspension period as much as possible; (b) continuously comply with its continuous responsibilities under the listing rules, such as the responsibilities related to disclosures and related transactions under chapter 14 and 14A of the listing rules, as well as the responsibilities to publish regular financial performance and reports under listing rules 13.46 to 13.49, and (if unable to provide financial performance and reports) management accounts; (c) disclose insider information as required by Part XIVA of the Securities and Futures Ordinance; and (d) announce the latest quarterly developments under listing rule 13.24A. The company must announce its first quarterly update by June 25, 2026, and subsequently every three months from the date of the suspension until the resumption or delisting (whichever is earlier). Trading of the company's shares remains suspended.