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Longhui International Holdings Ltd. ( (HK:1007) ) has shared an update.
Longhui International Holdings has provided a quarterly update on its efforts to resume trading in its shares on the Hong Kong Stock Exchange, confirming that fieldwork and primary evidence-gathering for an independent forensic investigation into past issues have been completed and submitted to regulators, while an internal control review remains ongoing with preliminary findings under evaluation. The company also disclosed continued delays in publishing its 2024 annual results and report, as well as its 2025 interim results and report and holding its AGM, all pending completion of the forensic investigation and related audit work, but stressed that its hotpot restaurant operations are running as usual and that it believes it remains compliant with the Stock Exchange’s ongoing business requirements while it works to satisfy all resumption conditions.
More about Longhui International Holdings Ltd.
Longhui International Holdings Limited is a Cayman Islands-incorporated company listed in Hong Kong and principally engaged in operating hotpot restaurant chains in mainland China under the Faigo and Xiao Faigo Hotpot brands. The group’s core business is casual dining hotpot, with its restaurants continuing to operate as normal in all material respects despite the current trading suspension of its shares.
Technical Sentiment Signal: Sell
Current Market Cap: HK$13.27M
Learn more about 1007 stock on TipRanks’ Stock Analysis page.