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Greentech Technology Launches Internal Control Review to Meet HKEX Resumption Demands

Story Highlights
  • Greentech faces delayed financial reporting and trading suspension, prompting regulatory resumption guidance.
  • The company hired an external adviser to review and strengthen internal controls to regain compliance and investor confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Greentech Technology Launches Internal Control Review to Meet HKEX Resumption Demands

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Greentech Technology International Limited ( (HK:0195) ) has shared an announcement.

Greentech Technology International has been facing prolonged delays in publishing its 2024 interim and annual results and its 2025 interim results, leading to a suspension of trading in its shares and the imposition of resumption guidance by the Hong Kong Stock Exchange. In response, the company has initiated an independent internal control review, appointing OCF Corporate Advisory Limited to assess and strengthen its internal controls and procedures to meet regulatory requirements and support the eventual resumption of trading.

The review follows an earlier independent forensic investigation whose key findings had already been disclosed by the company. By engaging an external internal control consultant and committing to remedial measures, Greentech aims to demonstrate regulatory compliance, address governance concerns, and restore market confidence in its reporting and control environment.

More about Greentech Technology International Limited

Greentech Technology International Limited is a Cayman Islands–incorporated company listed on the Hong Kong Stock Exchange, operating through a group structure referred to as the Group. The company is subject to Hong Kong listing and securities regulations, including the Listing Rules and the Securities and Futures Ordinance, which govern its disclosure and internal control obligations.

Technical Sentiment Signal: Sell

Current Market Cap: HK$382.5M

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