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Netjoy Holdings Limited Provides Quarterly Update on Resumption Progress

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Netjoy Holdings Limited Provides Quarterly Update on Resumption Progress

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Netjoy Holdings Limited ( (HK:2131) ) just unveiled an update.

Netjoy Holdings Limited has announced a quarterly update on its resumption progress and the continued suspension of trading. The company is addressing issues related to large-sum prepayments to suppliers through an independent investigation, and is working towards publishing its delayed 2024 Annual Results and 2025 Interim Results. Additionally, Netjoy is in the process of selecting an independent internal control consultant to assess and enhance its internal controls, which is a requirement set by the Stock Exchange. These efforts are crucial for the company’s compliance and future trading resumption, impacting its operations and stakeholders.

More about Netjoy Holdings Limited

Netjoy Holdings Limited is a company incorporated in the Cayman Islands, operating within the digital and media industry. It focuses on providing digital advertising solutions and services, primarily targeting the Chinese market.

Technical Sentiment Signal: Sell

Current Market Cap: HK$362M

See more insights into 2131 stock on TipRanks’ Stock Analysis page.

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