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Yincheng Life Service Co., Ltd. ( (HK:1922) ) has issued an update.
Ruisen Life Service Co., Limited, together with its subsidiaries, has been undergoing a comprehensive internal control review to address deficiencies in its internal control systems and ensure compliance with the Hong Kong Stock Exchange’s Listing Rules. The company appointed Zhonghui Anda Risk Services Limited as an independent adviser to conduct this review, which identified several issues and made recommendations for improvements. The company has implemented most of these recommendations, including separating the roles of chairman and chief executive, to enhance corporate governance. The trading of the company’s shares remains suspended as it continues to address remaining issues.
More about Yincheng Life Service Co., Ltd.
Technical Sentiment Signal: Sell
Current Market Cap: HK$363.3M
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