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An announcement from Yincheng Life Service Co., Ltd. ( (HK:1922) ) is now available.
Ruisen Life Service Co., Limited, a Cayman-incorporated life services and property-related service provider listed in Hong Kong, operates through a group structure that supplies community-focused services across its markets, aligning it with China’s broader property management and community services sector. The company has received additional resumption guidance from the Hong Kong Stock Exchange requiring it to demonstrate suitability for continued listing, following a prolonged trading suspension that began on 28 August 2024. Ruisen is taking steps to address issues that led to the suspension, including prior governance, investigation, and internal control matters referenced in earlier announcements, with the goal of meeting all resumption conditions under the Listing Rules. Trading in its shares will remain suspended until further notice, and the company has cautioned shareholders and investors while promising further updates, underscoring ongoing uncertainty over its regulatory compliance and listing status.
More about Yincheng Life Service Co., Ltd.
Ruisen Life Service Co., Limited (stock code: 1922) is a Hong Kong-listed company incorporated in the Cayman Islands, operating through a group structure with subsidiaries. It is engaged in the life services/property-related services sector, providing services to residential and possibly commercial communities in mainland China, positioning it within the broader property management and community life services industry.
Technical Sentiment Signal: Sell
Current Market Cap: HK$363.3M
For a thorough assessment of 1922 stock, go to TipRanks’ Stock Analysis page.