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Huisen Household International Group Enhances Internal Controls Following Civil Mediations

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Huisen Household International Group Enhances Internal Controls Following Civil Mediations

Elevate Your Investing Strategy:

The latest announcement is out from Huisen Household International Group Limited ( (HK:2127) ).

Huisen Household International Group Limited has recently addressed civil mediations brought by Nankang Development Group and Longnan Development Co., which were concluded by respective courts in Jiangxi Province. The company has acknowledged an inadvertent delay in disclosure and is taking steps to improve its internal control systems. An independent internal control review highlighted deficiencies, prompting the company to implement stricter reporting processes and enhance legal compliance training. These actions aim to prevent future incidents and strengthen the company’s internal controls.

More about Huisen Household International Group Limited

Average Trading Volume: 11,711,791

Technical Sentiment Signal: Sell

Current Market Cap: HK$103.1M

For an in-depth examination of 2127 stock, go to TipRanks’ Stock Analysis page.

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