JIANZHONG CONS received additional resumption guidance
JIANZHONG CONS received additional resumption guidance from the Stock Exchange on March 13, 2025, requiring the company to publish all undisclosed financial results, demonstrate compliance with listing rules, disclose significant information, conduct an independent investigation, review the integrity and competence of the management, and ensure the effectiveness of internal control procedures
According to the announcement from JIANZHONG CONS (00589), the company received a letter from the Stock Exchange on March 13, 2025, providing additional resumption guidance. The details of the resumption guidance are as follows: (a) publish all unpublished financial results and address any audit revisions; (b) demonstrate compliance with Listing Rule 13.24; (c) disclose all material information to the market for shareholders and other investors to assess the company's condition; (d) conduct appropriate independent investigations into undisclosed related party transactions and the use of third-party bank accounts, address auditor concerns, disclose investigation results, and take appropriate remedial actions; (e) demonstrate that there are no reasonable regulatory concerns regarding the integrity, competence, and/or character of the Group's management and/or any individuals who have a significant impact on the company's management and operations, which may pose risks to investors and undermine market confidence; and (f) conduct independent internal control reviews and demonstrate that the company has established adequate internal controls and procedures to fulfill its obligations under the listing rules
