---
title: "The Stock Exchange's disciplinary action against a former director of SKYFAME REALTY (Holdings) Limited (Stock Code: 59)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/275697426.md"
description: "The Hong Kong Stock Exchange has taken disciplinary action against Yu Bin, a former director of Skyfame Realty (Holdings) Limited, for his failure to cooperate with the investigations of the Securities and Futures Commission and the Stock Exchange. Mr. Yu did not respond to the requests of the Securities and Futures Commission, resulting in the Stock Exchange issuing a statement of unsuitability for him as a director, deeming him unfit to serve as a director or senior management of the company or its subsidiaries. This incident highlights the importance of directors cooperating with investigations, as non-cooperation may lead to severe disciplinary sanctions"
datetime: "2026-02-12T04:07:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275697426.md)
  - [en](https://longbridge.com/en/news/275697426.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275697426.md)
---

# The Stock Exchange's disciplinary action against a former director of SKYFAME REALTY (Holdings) Limited (Stock Code: 59)

**THE STOCK EXCHANGE OF HONG KONG LIMITED**

(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)

**THE STOCK EXCHANGE OF HONG KONG LIMITED**

Has made a **statement of director unsuitability** **1** **and reprimand** against Mr. Yu Bin, former executive director and chairman of Tianyu Realty (Holdings) Limited (stock code: 59) (**the Company**).

As part of the investigation into whether the Company and/or its directors have violated the Securities and Futures Ordinance, the Securities and Futures Commission (**SFC**) issued a meeting and investigation notice and reminder email to Mr. Yu. Mr. Yu did not respond to the SFC's requests and inquiries.

Following the referral from the SFC, the Listing Division launched an investigation into whether Mr. Yu failed to respond to the SFC and whether he fulfilled his duties and responsibilities as required by the Listing Rules. The Listing Division sent an investigation letter and reminder letter to Mr. Yu. Mr. Yu did not respond to the Stock Exchange's inquiries.

**Important Information:**

**Cooperation with the Stock Exchange and the SFC is crucial. Directors should be aware that they have a responsibility to fully cooperate with the investigations of the Stock Exchange and the SFC.**

**Failure to cooperate with the investigations of the Stock Exchange and the SFC is a serious violation of the Listing Rules and may result in the most severe disciplinary sanctions. The responsibility of directors to cooperate with the Stock Exchange's investigation does not terminate upon their resignation.**

The **statement of disciplinary action** has been published on the Hong Kong Stock Exchange website.

Note:

1.  A statement of director unsuitability means that the Stock Exchange considers Mr. Yu unsuitable to serve as a director or senior management of the Company or any of its subsidiaries

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