Mengye Group (01802.HK): The Listing Review Committee has decided to uphold the decision of the Listing Committee to suspend trading starting from December 5th.

Zhixin Finance APP news, Vengroup (01802.HK) announced that on December 4, 2025, the company received a letter from the Listing Review Committee, notifying that after considering the opinions submitted by the company and the Listing Department, including the opinions submitted by the company at the hearing, the Listing Review Committee decided that the company failed to prove that its maintained business has sufficient operational level and assets of sufficient value to support its operation in accordance with Rule 13.24 of the Listing Rules. In particular, the company failed to prove the substantiality, feasibility, and sustainability of its business.